BNBUSDT - Price can make correction and then bounce up to $342
Hi guys, this is my overview for BNBUSDT, feel free to check it and write your feedback in comments👊
Recently price entered to rising channel, where it rose to $265 support level, which coincided with support area.
Then, BNB broke $265 level, reached resistance line of channel, and then made correction to this level.
After it some time traded near this level and then price rebounded and made upward impulse to $312 level, exiting from channel.
Also, BNB started to trades in pennant, after channel, where it broke $312 level and soon reached resistance line.
But a not long time ago price bounced from this line and declined to $312 level and at once bounced up.
Now it trades near support area and I think that BNB can fall to support area, exiting from pennant, and then bounce up to $342
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Recently price entered to rising channel, where it rose to $265 support level, which coincided with support area.
Then, BNB broke $265 level, reached resistance line of channel, and then made correction to this level.
After it some time traded near this level and then price rebounded and made upward impulse to $312 level, exiting from channel.
Also, BNB started to trades in pennant, after channel, where it broke $312 level and soon reached resistance line.
But a not long time ago price bounced from this line and declined to $312 level and at once bounced up.
Now it trades near support area and I think that BNB can fall to support area, exiting from pennant, and then bounce up to $342
If this post is useful to you, you can support me with like/boost and advice in comments❤️