Binance Coin / TetherUS
Short

BNBUSDT - Price can break support level and continue to fall

223
Hi guys, this is my overview for BNBUSDT, feel free to check it and write your feedback in comments👊

A few days ago price traded inside of the flat and tried to break up it.

But Binance Coin bounced down and started to decline, thereby it exited from flat.

Also, price broke $320 supports level and line and fell to $285 level.

After this price started trades inside of triangle and break resistance level $300

As well when Binance Coin reached resistance line of triangle, price made downward impulse and exited of triangle.

Now price trades very close to support level and I think it can break this level and make retest.

Then Binance Coin can continue to fall, therefore maybe target can be at $290 level.

If this post is useful to you, you can support me with like/boost and advice in comments❤️

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.