Hi guys! Let's take a look at the compelling BNB/USDT pair. Today we have the following information:
1. On the global scale we can observe the bullish Falling Wedge pattern that starts wide at the top and gets narrow as prices go down.
2. Very strong resistance level located at $565 where we will note the price rebound soon.
3. After this rebound it's better to buy BNB near $480 where we will observe supporting zone.
Wish you good luck and don’t forget to set stop-loss!
1. On the global scale we can observe the bullish Falling Wedge pattern that starts wide at the top and gets narrow as prices go down.
2. Very strong resistance level located at $565 where we will note the price rebound soon.
3. After this rebound it's better to buy BNB near $480 where we will observe supporting zone.
Wish you good luck and don’t forget to set stop-loss!