Binance Coin ( BNB/BTC ) Price Analysis
Technical Analysis of BNB/BTC:
The current trading price of BNB/BTC is 0.0132 BTC and is currently trading near a high resistance level. The resistance level at 0.0134 is crucial, and if there is a break above it, there could be an upward move of around 20%.
However, if the price rejects this level, we could see a downside move of 30% from the current price and 24% from the breakdown level.
In my opinion, a downside move is likely to occur.
Therefore, if the price hits the 0.01 BTC level, it could be a good entry point for a long-term position.
I will provide updates on the situation periodically.
Please like and share this analysis if you find it helpful, and follow me for real-time crypto updates.
Thank you.
The current trading price of BNB/BTC is 0.0132 BTC and is currently trading near a high resistance level. The resistance level at 0.0134 is crucial, and if there is a break above it, there could be an upward move of around 20%.
However, if the price rejects this level, we could see a downside move of 30% from the current price and 24% from the breakdown level.
In my opinion, a downside move is likely to occur.
Therefore, if the price hits the 0.01 BTC level, it could be a good entry point for a long-term position.
I will provide updates on the situation periodically.
Please like and share this analysis if you find it helpful, and follow me for real-time crypto updates.
Thank you.
Twitter: twitter.com/CryptoPatel
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.