WalterMoon

BNBUSDT - Price can bounce from support level and start to grow

Long
BINANCE:BNBUSDT   Binance Coin / TetherUS
Hi guys, this is my overview for BNBUSDT, feel free to check it and write your feedback in commentsđź‘Š

When price bounced from support level to resistance area, it started to decline.

Declined below $321.5 level, BNB first, bounced up and then entered to falling channel, where it fell lower.

Also, in channel price broke $321.5 level and started trades inside from flat.

Inside flat Binance Coin declined below next support level and fell to support area.

But at once price bounced up to top part of flat, thereby breaking $306.5 level too.

Later BNB fell to area again but recently backed up and now trades close support level.

Maybe price can bounce up from this level and start to grow to $313.5

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.