Binance CoinLong
BNB Buy the uptrend.
BNBUSD - Intraday - We look to Buy at 297.2 (stop at 285.9)
Trend line support is located at 297.0.
Our expectation now is for this swing lower to continue towards the bottom of the trend channel, to complete a correction before buyers return.
Trading within a Bullish Channel formation.
Our outlook is bullish.
Pivot support is at 292.0.
Our profit targets will be 329.2 and 334.2
Resistance: 315.0 / 320.0 / 330.0
Support: 305.0 / 300.0 / 293.0
Trend line support is located at 297.0.
Our expectation now is for this swing lower to continue towards the bottom of the trend channel, to complete a correction before buyers return.
Trading within a Bullish Channel formation.
Our outlook is bullish.
Pivot support is at 292.0.
Our profit targets will be 329.2 and 334.2
Resistance: 315.0 / 320.0 / 330.0
Support: 305.0 / 300.0 / 293.0
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.