Binance Coin got rejected at the $614 area which was predictable.
There are a few support areas on the way down but all these new corrections on Bitcoin and Altcoins and the pump and dumps of the DogeCoin can affect this chart drastically.
The Bitcoin dominance is going down which is a good sign for a breakout for backed coins like BNB. So don't open long positions until we see a clear confirmed breakout (above $614)!!!
⚠️ NOTE: This usually happens when a coin gets hot on crypto platforms: it might go down by a little and then get back up to a new high.
Good Luck 🎲
Tell me your ideas. Like and Share 🗣✅
There are a few support areas on the way down but all these new corrections on Bitcoin and Altcoins and the pump and dumps of the DogeCoin can affect this chart drastically.
The Bitcoin dominance is going down which is a good sign for a breakout for backed coins like BNB. So don't open long positions until we see a clear confirmed breakout (above $614)!!!
⚠️ NOTE: This usually happens when a coin gets hot on crypto platforms: it might go down by a little and then get back up to a new high.
Good Luck 🎲
Tell me your ideas. Like and Share 🗣✅
