HelenP. I BNB can break resistance level and continue to grow

25 Apr

Hi folks today I'm prepared for you Binance Coin analytics. Some time ago price made a little movement down and then turned around and made a strong impulse up to 645 points, breaking the resistance level, which coincided with the resistance zone. But later BNB turned around and in a short time declined to the support area, which coincided with the support level, breaking the 612 level one more time. Then BNB rebounded from the support zone and rose to the resistance zone, but when it entered to this area, the price at once rebounded and made a correction movement. After this Binance Coin in a short time rose back to the resistance area and then made a strong impulse down to the trend line, which is located below the support zone. After this movement, BNB started to rise between the trend line and soon reached the resistance level again, breaking the 524 support level again. At the moment, the price continues to trades near this resistance level and I expect that BNB will break the resistance level, make retest, and continue to move up near the trend line, therefore I set my target at the 645 level. If you like my analytics you may support me with your like/comment ❤️