BNBUSDT was fluctuating in a firm upwards diapason for a week approximately.
On the 23th of October-eve of 24th, the price broken out the support and reached the support of October, 13.
As soon as the price rebounded from the support the bull rally started.
Opened a long position at the confirmation, for now closed 50%. Waiting for the consolidation on the resistance levels (marked in yellow).
The price may stop moving at reaching both resistance levels - horisontal and the lower border of the upwards trend (marked in white).
On the 23th of October-eve of 24th, the price broken out the support and reached the support of October, 13.
As soon as the price rebounded from the support the bull rally started.
Opened a long position at the confirmation, for now closed 50%. Waiting for the consolidation on the resistance levels (marked in yellow).
The price may stop moving at reaching both resistance levels - horisontal and the lower border of the upwards trend (marked in white).
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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.