BNBUSDT - Price can exit from wedge and fall to support level
Hi guys, this is my overview for BNBUSDT, feel free to check it and write your feedback in comments👊
After the price started to trades in flat, it first declined of support level to the support area, where BNB as few time traded.
Later price broke $228 level again, rose to the top part of flat, and then started to trades higher than the support level.
Then BNB exited of flat and rose to $245 level, which coincided with the resistance line of wedge, and soon bounced down to the support line.
In wedge, the price in a short time broke $245 level and then rose to the resistance line of the wedge, but recently it fell to this level.
Now, BNB trades near the support line and I expect the price can make a little movement up and then it bounces down to $245 level, exiting from wedge.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
After the price started to trades in flat, it first declined of support level to the support area, where BNB as few time traded.
Later price broke $228 level again, rose to the top part of flat, and then started to trades higher than the support level.
Then BNB exited of flat and rose to $245 level, which coincided with the resistance line of wedge, and soon bounced down to the support line.
In wedge, the price in a short time broke $245 level and then rose to the resistance line of the wedge, but recently it fell to this level.
Now, BNB trades near the support line and I expect the price can make a little movement up and then it bounces down to $245 level, exiting from wedge.
If this post is useful to you, you can support me with like/boost and advice in comments❤️