Binance Coin - Approaching a buy area
Hi everyone,
As you can see, the trend line, that was very well respected for some time, was broken and almost almost touched it back during the pullback. I think the move can continue a little bit more (The MACD is showing lack of strenth from bulls) and also think the 0.28-0.31 range can find a really good support. That range is highlighted in turquoise and as it is very wide I have pointed 3 levels. So it is up to the risk you want to take. Personally, I am buying the 3 levels if that happens, because I think the price projection for BNB is bullish.
*Not financial advise, just sharing my ideas :)
Feel free to give your feedback/opinion. Thanks for reading!
As you can see, the trend line, that was very well respected for some time, was broken and almost almost touched it back during the pullback. I think the move can continue a little bit more (The MACD is showing lack of strenth from bulls) and also think the 0.28-0.31 range can find a really good support. That range is highlighted in turquoise and as it is very wide I have pointed 3 levels. So it is up to the risk you want to take. Personally, I am buying the 3 levels if that happens, because I think the price projection for BNB is bullish.
*Not financial advise, just sharing my ideas :)
Feel free to give your feedback/opinion. Thanks for reading!
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