BNBUSDT - Price can exit from wedge and fall to support level
Hi guys, this is my overview for BNBUSDT, feel free to check it and write your feedback in commentsđź‘Š
After the price started to trades in flat, it first declined of support level to the support area, where BNB as few time traded.
Later price broke $228 level again, rose to the top part of flat, and then started to trades higher than the support level.
Then BNB exited of flat and rose to $245 level, which coincided with the resistance line of wedge, and soon bounced down to the support line.
In wedge, the price in a short time broke $245 level and then rose to the resistance line of the wedge, but recently it fell to this level.
Now, BNB trades near the support line and I expect the price can make a little movement up and then it bounces down to $245 level, exiting from wedge.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
After the price started to trades in flat, it first declined of support level to the support area, where BNB as few time traded.
Later price broke $228 level again, rose to the top part of flat, and then started to trades higher than the support level.
Then BNB exited of flat and rose to $245 level, which coincided with the resistance line of wedge, and soon bounced down to the support line.
In wedge, the price in a short time broke $245 level and then rose to the resistance line of the wedge, but recently it fell to this level.
Now, BNB trades near the support line and I expect the price can make a little movement up and then it bounces down to $245 level, exiting from wedge.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
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.