🔥 BNB Consolidation Before Bullish Move
Since late August, BNB has been trading sideways. Yesterday, BNB was close to breaking out of the illusive $500 resistance, but as of this morning BNB has fallen back into the horizontal channel.
The bottom for this bearish move is $450 it seems, I'm expecting high buying pressure around that area. Hopefully the bulls can push the price above $500 in the coming couple of days, assuming BTC will remain relatively bullish.
Main target for the next bullish move is the $600 resistance area.
Happy trading!
The bottom for this bearish move is $450 it seems, I'm expecting high buying pressure around that area. Hopefully the bulls can push the price above $500 in the coming couple of days, assuming BTC will remain relatively bullish.
Main target for the next bullish move is the $600 resistance area.
Happy trading!
🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
Related publications
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.