BNB Binance Coin breakout ?
BNB after long consolidation between 14.25 and 16.40$ break up channel up to 18.4$ resistance and was started ABC rejection (A 17.03 B 17.70 C 16.51) . BNB was started new bullish wave up and broke EMA line heavy resistance at 18.2$.
Current price action above EMA 21,50,100,200 strong uptrend. Potential Resistance at 19.20 and 20.50$ price level.
Volume: don't confirm bullish price action potential retest support at 16.5$.
Indicators: MACD bullish crossover above zero line. RSI above 75 points, overbought level. Bullish sign.
S/R major support at 15.7$ support 16.4$, major resistance 20.5 resistance 19.2$.
Disclaimer: THIS IS NOT FINANCIAL ADVICE. All the information shared here is for learning and entertainment purposes only.
Current price action above EMA 21,50,100,200 strong uptrend. Potential Resistance at 19.20 and 20.50$ price level.
Volume: don't confirm bullish price action potential retest support at 16.5$.
Indicators: MACD bullish crossover above zero line. RSI above 75 points, overbought level. Bullish sign.
S/R major support at 15.7$ support 16.4$, major resistance 20.5 resistance 19.2$.
Disclaimer: THIS IS NOT FINANCIAL ADVICE. All the information shared here is for learning and entertainment purposes only.
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