Binance Coin / TetherUS
Panjang

BNBUSDT - Price can bounce of support line and start to rise

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Hi guys, this is my overview for BNBUSDT, feel free to check it and write your feedback in comments👊

When price started trading inside falling channel, it declined to $265.0 point and broke $286.5 support level.

Also, Binance Coin started trades inside pennant, but soon exited from it and bounced up to resistance area.

Then price made a little correction and continued to rise to $347.5 point, thereby breaking $319.5 level.

After this price fell back to area inside falling channel and later broke $319.5 level again.

At the moment Binance Coin trades close to support line and maybe price can make correction to it.

As well I think price can bounce up to $330.0 level, thereby breaking resistance level.

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Penafian

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