Binance Coin has been trading in the zone between $27.19 & $31.14 ever since rejecting off of the $31.14 resistance level at the end of the month.
From the rejection off of that weekly resistance level, BNB found its bottom at $27.19 and has started its reversal upwards, now sitting at $29, it is going to continue moving up if BTC keeps rising and potentially even hits all time highs this week. This being said, a short-term for BNB would be $31.14 because that is the next major level of resistance in the path for BNB.
I think this dip down was pure capitulation.
Long Targets
TP1 🎯$30
TP2 🎯$31.14
As always please do your own research, I am not a financial advisor.
From the rejection off of that weekly resistance level, BNB found its bottom at $27.19 and has started its reversal upwards, now sitting at $29, it is going to continue moving up if BTC keeps rising and potentially even hits all time highs this week. This being said, a short-term for BNB would be $31.14 because that is the next major level of resistance in the path for BNB.
I think this dip down was pure capitulation.
Long Targets
TP1 🎯$30
TP2 🎯$31.14
As always please do your own research, I am not a financial advisor.
🎯 Join my public cryptocurrency trading channel | t.me/easylootcrypto
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
🎯 Join my public cryptocurrency trading channel | t.me/easylootcrypto
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.