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BNBUSD: 1W Lower High made. Channel Down emerging.

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Binance Coin (BINANCE:BNBUSD)  
InvestingScope  
BINANCE:BNBUSD   Binance Coin
Trend Analysis Chart Patterns Technical Indicators bnbusd BNB binancecoin binancecoinusd crypto cryptos Cryptocurrency cryptocurrencies
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trendanalysis chartpattern indicator bnbusd bnb binancecoin binancecoinusd crypto cryptos cryptocurrency cryptocurrencies
The Binance Coin is trading just below the 10.66 1D Resistance which was marginally broken but appears to be rejecting the uptrend since (RSI = 51.974, Highs/Lows = 0.0000). If this is considered a Lower High on the 1W Channel (MACD = -0.305, Highs/Lows = 0.0000, B/BP = -1.3464) then a Channel Down should emerge towards the two support levels: 8.8857 and 8.2522. We remain bearish on the long term on BNBUSD with TP = 7.5154.
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