Yello, Paradisers! Have you been keeping an eye on Binance Coin (#BNB)? Our latest analysis suggests a critical moment is approaching. Let’s dive into the details.
💎#BNBUSDT has been trading within a symmetrical triangle pattern on the 1D timeframe. Previously, We've observed a failed breakout which reinforces a bearish bias. Currently, #BinanceCoin is retesting the symmetrical triangle's lower support level, and there is a possibility that it might drop further.
💎The diminishing trading volume and POC of VRVP acting as resistance increases the chances of further drop. If #BNB fails to hold the support at the symmetrical triangle's lower boundary, it's likely to retest the Bullish Order Block (OB) around $460.3.
💎However, if BNB fails to hold at $460.3, the next support level to watch is at $422.9. This area is packed with liquidity and can create a good chance of pullback if tested.
💎On the contrary, If the symmetrical triangle's lower support level holds well, we could see the bulls taking control, leading to a bullish rally. The overall market sentiment and Bitcoin's movement will significantly influence #BNB's price action, so keep a close eye on these factors.
If you want to be consistently profitable, you need to be extremely patient and always wait for high-probability trading opportunities.
MyCryptoParadise iFeel the success🌴
ملاحظة
We are on a roll! Just as predicted, #BNB lost momentum and fell by 18.73%. The #BinanceCoin is now seeing a pullback due to improved macro market sentiments.
🎖️Or Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals 👉 shorturl.at/ikpAV
يعمل أيضًا:
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.