Binance Coin analysis with a buy indication.
Binance coin closed the weekly chart with a candle formation that indicates a very important beartrap, giving an excellent buy indication with a target at the next important resistance level.
Buy recommendation Reasons:
1 - Formation of a penetrating doji indicating a beartrap in an important long-term support zone.
2 - Excellent risk-return ratio with target at the next relevant resistance.
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Buy recommendation Reasons:
1 - Formation of a penetrating doji indicating a beartrap in an important long-term support zone.
2 - Excellent risk-return ratio with target at the next relevant resistance.
For more analyses like this, follow our profile.
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