HelenP. I Binance Coin can start to move up to resistance level

23 Nov 2023

Hi folks today I'm prepared for you Binance Coin analytics. A short time ago price started to trades inside consolidation, where it first reached resistance 2 and then started to decline to resistance 1, which coincided with the resistance zone. After the price fell to this level, it at once rebounded and rose to one more resistance zone, which coincided with the top part of the consolidation. Then BNB bounced back and some time traded near resistance 1 and later price made a strong impulse up to 271 points, thereby breaking resistance 2. But soon, BNB around down and in a short time declined to resistance 1, breaking the 256 level again. As well soon, the price broke the 238 level too and fell below the resistance zone, but a not long time ago it rose to this zone and now trades near. For my mind, Binance Coin can rise to resistance 1, and try to break it. After the breakout, the price can make a retest, or at once continue to move up without a retest, That's why I set two targets, the first target at the 238 and the second - at the 248 levels. If you like my analytics you may support me with your like/comment ❤️