BNB-USDT: Key Long term SR level in play.
Hello,
This is quick update on BNB.
I saw this long term SR trend line (yellow line) which has been very important for BNB PA, as of now BNB is finding rejection below this line. In case if this rejection continues and BNB breaks below the 18.5$ level then it could drop further low.
On the other hand, if we see BNB break above this key trend line and 25.2$ level then it could make a move for 57-60$ area (Top long term resistance line in red).
Happy and safe trading...
Chao...
This is quick update on BNB.
I saw this long term SR trend line (yellow line) which has been very important for BNB PA, as of now BNB is finding rejection below this line. In case if this rejection continues and BNB breaks below the 18.5$ level then it could drop further low.
On the other hand, if we see BNB break above this key trend line and 25.2$ level then it could make a move for 57-60$ area (Top long term resistance line in red).
Happy and safe trading...
Chao...
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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.