Technical analysis regarding the price of BINANCE COIN in relation of dollar Tether for the next scenarios, based on 1 hour movement.
The price has been moving downwards, forming lower tops / bottoms ~ downward trend / correction in a macro scenario. Also, there is the 34-period Exponential Moving Average over price.
RSI <50 gaining strength and momentum and there is a very considerable support area that you can handle. Notice the projection on the graph. I strongly believe in BNB and its growth potential that is just awakening.
disclaimer *** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. ***
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