BNBUSDT - Price can exit of pennant and continue to rise
Hi guys, this is my overview for BNBUSDT, feel free to check it and write your feedback in comments👊
A few time ago price bounced up from support area and rose to resistance level, which coincided with resistance area.
After this, price bounced back and even declined lower of support level with support area.
Next, Binance Coin started to grow near support line and later it reached resistance level again.
Later, price rose to resistance line, and started to decline, thereby entering to pennant.
When price declined it broke support line, made fake breakout, and reached support line.
Recently, BNB bounced up and now trades close support line and maybe it can make a little movement down.
Then price can bounce up, thereby exiting of pennant and continuing to grow to $243.5
If this post is useful to you, you can support me with like/boost and advice in comments❤️
A few time ago price bounced up from support area and rose to resistance level, which coincided with resistance area.
After this, price bounced back and even declined lower of support level with support area.
Next, Binance Coin started to grow near support line and later it reached resistance level again.
Later, price rose to resistance line, and started to decline, thereby entering to pennant.
When price declined it broke support line, made fake breakout, and reached support line.
Recently, BNB bounced up and now trades close support line and maybe it can make a little movement down.
Then price can bounce up, thereby exiting of pennant and continuing to grow to $243.5
If this post is useful to you, you can support me with like/boost and advice in comments❤️