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Binance Coin Analysis; Crypto To The Moon #49.

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Written by   27
4 months ago

DISCLAIMER: I am not a financial advisor nor certified analyst. All contents discussed on this blogpost are solely my own personal views and for Trading education/entertainment purposes only . Do your own research and due diligence.

With That being said let's get into it;

1 Week Timeframe.

Now as of making this analysis, BNB is currently priced at about $345.7231 as it solemnly base on a trend line acting as a support zone a of now.

A possible retest on this trend line will definitely make us bullish, but what chances are there?

If we're to break this trend line and head downwards, I'll suggest that the lowest area's that we can base on are the areas around $234.6963 as there's a support zone in that area.

Not only does that area mark a support zone or area, but there has also been multiple occasions where price dropped to that area but eventually increased in price in a relatively short amount of time.

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Until Next Time, Peace

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Written by   27
4 months ago
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