Analysis of #BNBUSDT
BNBUSD has not been able to provide us with a confirmed close above trend linen resistance ear 440, as you can see traders tried many times to bring the market above tren lien resistance but they failed to do so.
the possible scenario is, that we could see a retest to trend line support near 350 which will represent a valid buy entry-level.
however, if the market closes above trend line resistance with the momentum we can then look to buy targeting the next level of resistance.
⚡ Be aware that due to the global tension we currently live In, markets are not following or respecting chart patterns and technical analysis.
________________________________________
💭 | Comment your thoughts below, I always answer.
📥 | Feel free to message me if you have any questions.
Thanks for your continued support!
BNBUSD has not been able to provide us with a confirmed close above trend linen resistance ear 440, as you can see traders tried many times to bring the market above tren lien resistance but they failed to do so.
the possible scenario is, that we could see a retest to trend line support near 350 which will represent a valid buy entry-level.
however, if the market closes above trend line resistance with the momentum we can then look to buy targeting the next level of resistance.
⚡ Be aware that due to the global tension we currently live In, markets are not following or respecting chart patterns and technical analysis.
________________________________________
💭 | Comment your thoughts below, I always answer.
📥 | Feel free to message me if you have any questions.
Thanks for your continued support!
