BNB - trend line test as a support level.
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A small update to the BNB chart on an older timeframe.
The technical asset continues to stand at the global support level, from where there is no big reaction of the buyer and seller yet. Although bitcoin has already bounced off and showed an increase of a couple of thousand points, altcoins have not changed much yet.
So, what am I talking about, on the chart we can observe the global countertrend line, which currently acts as a support level on the weekly TF. Another setup for BNB to bounce back and go above $300.
A small update to the BNB chart on an older timeframe.
The technical asset continues to stand at the global support level, from where there is no big reaction of the buyer and seller yet. Although bitcoin has already bounced off and showed an increase of a couple of thousand points, altcoins have not changed much yet.
So, what am I talking about, on the chart we can observe the global countertrend line, which currently acts as a support level on the weekly TF. Another setup for BNB to bounce back and go above $300.
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