BNB/USDT 1HInterval CHart Review
Hello, I invite you to review the current situation of BNB in pair with USDT, taking into account the one-hour interval. Let's start by identifying the local uptrend channel using the blue lines.
Let's start by determining support, and here, after using the trend based fib extension tool, you can see how the price approached the support at $410, and then it is worth defining the support zone from $395 to $387.
Looking the other way, you can see that the level of $427 still remains a strong resistance, but the price may increase further to around $449.
The RSI indicator shows that we have crossed the support line below, which may result in a further decline, and the STOCH indicator shows that we are moving at the lower limit, but with the possibility of a continuation of the correction.
Let's start by determining support, and here, after using the trend based fib extension tool, you can see how the price approached the support at $410, and then it is worth defining the support zone from $395 to $387.
Looking the other way, you can see that the level of $427 still remains a strong resistance, but the price may increase further to around $449.
The RSI indicator shows that we have crossed the support line below, which may result in a further decline, and the STOCH indicator shows that we are moving at the lower limit, but with the possibility of a continuation of the correction.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.