Commencez
Binance Coin / TetherUS
Mis à jour

BNB/USDT Breakout or Fake Breakout?

375
Just a beginner's view. BNB/USDT is finally trying to recover from a correction after it reached its ATH a few days ago. The chart is indicating a breakout process from the major channel resistance line with a fair amount of volume. If the breakout is valid, there is a chance for a pullback to 250 area and if it rebounds from the pullback point, the target price is 275 - 310 - 340. But, if it fails and breaks the 340-330 support area, it might be trying to retest the support in 200. Suggestions are welcomed. Thanks!
Note
Looks like the breakout is valid and there is a pullback to 258 as we predicted. The chart is currently trying to break its strong resistance at 275 and it needs a massive amount of volume right now. If it successfully breakout from 275-276, there is a high chance for it to retest 300-310. Let's see what will happen next.
Note
It didn't have enough upside pressure to break the 275 resistance and is going sideways for a moment
dionisiusdh
Chart PatternsTechnical IndicatorsTrend Analysis

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Chart PatternsTechnical IndicatorsTrend Analysis
dionisiusdh

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.