BNB Analysis | Short Term
Hi Guys 🍀
I'm Emily and this is my first analysis on TV, I hope you guys can use this.
As we can see BNB is going sideways and we can see SELL signals. Check the MACD too and you can see that the market can see lower prices in short term.
Blue lines show support and Red lines show resistance. So we have 2 supports and 1 resistance which can control the price to go sideways for a while until one of them breaks.
So to wrap it up we can say that the price can go down until hitting a support in short term.
Tell me if this chart helped you
Don't forget to hit like and drop comments 💚
I'm Emily and this is my first analysis on TV, I hope you guys can use this.
As we can see BNB is going sideways and we can see SELL signals. Check the MACD too and you can see that the market can see lower prices in short term.
Blue lines show support and Red lines show resistance. So we have 2 supports and 1 resistance which can control the price to go sideways for a while until one of them breaks.
So to wrap it up we can say that the price can go down until hitting a support in short term.
Tell me if this chart helped you
Don't forget to hit like and drop 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.