Binance coin trades in triangle and can start to decline
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Hello traders, I want share with you my opinion about Binance coin. Looking at the chart, we can see how the price rebounded from the level 299.5 and started to rise. The Binance Coin reached a resistance area 317 -314.5 and rebounded. For a while, the price traded in a small range, then tested the support line, generated an upward impulse and broke through the resistance area. The price rose to the resistance area 333-335, from which it began to decline and fell to the support line. After the fake breakout support line of triangle, the price began to rise and retested the resistance area. Over time, Binans Coin created an upward triangle and is currently trading inside. We see how Binance Coin made a deep correction and continued to grow. The price is currently trading inside the resistance area, but can begin to decline. I think the price could drop to the triangle support line, so the targets for I set at level330 and at level 326.5, which coincide with the support line of triangle. Please share this idea with your friends and click Boost 🚀
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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.