HelenP. I Binance Coin can rebound up from trend line to $590
Hi folks today I'm prepared for you Binance Coin analytics. If we look at the chart we can see how the price a not long time ago rebounded from the trend line and reached the 516 support level, which coincided with the support zone, after which broke this level. Then BNB made a retest and made a strong impulse up to the resistance zone, which coincided with the 618 resistance level, but at once rebounded down, after which in a short time backed up to the resistance zone. After this movement, the price rose a little higher than the resistance zone, turned around, and started to decline to the support zone. When BNB fell to this zone, it at once turned around and in a short time rose back to the resistance level. But when the price reached the 618 level, it at once rebounded and a not long time declined to the trend line, after which bounced from this line and started to rise. So, now I expect that Binance Coin will decline to the trend line and then rebound up, therefore I set my target at the 590 level. If you like my analytics you may support me with your like/comment ❤️
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