BNBEUR - short term analysis

1 мар. 2021 г.

BNB have seen a very rapid and abrupt surge in the recent time, for this reason is very complicated to find what will be support or resistance levels. I think in the past few days we have seen the bulk of profit takings and now we are ready for a new surge in the price. As I was saying the surge has been abrupt and extremely fast for that also the fell has been of similar nature but now we can see a stop and some sideway action that could lead to a consolidation around the current price range. if the consolidation succeed we are in for a new uptrend and a possible retesting of the previous ATH.