BNB: Pullback in Uptrend
Binance (BNB) technical analysis:
Trade setup: Pullback in Uptrend. Following a bullish breakout from Falling Wedge pattern, price broke above 200-day moving average and $300 resistance and reached our target of $340 where it got rejected again. That’s a level where it got rejected last year in August and November. Pullback near $300 support could be an attractive swing entry area in Uptrend.
Trend: Neutral on Short-Term basis and Uptrend on Medium- and Long-Term basis.
Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45).
Support and Resistance: Nearest Support Zone is $300, which it broke, then $260. The nearest Resistance Zone is $340, then $400.
Trade setup: Pullback in Uptrend. Following a bullish breakout from Falling Wedge pattern, price broke above 200-day moving average and $300 resistance and reached our target of $340 where it got rejected again. That’s a level where it got rejected last year in August and November. Pullback near $300 support could be an attractive swing entry area in Uptrend.
Trend: Neutral on Short-Term basis and Uptrend on Medium- and Long-Term basis.
Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45).
Support and Resistance: Nearest Support Zone is $300, which it broke, then $260. The nearest Resistance Zone is $340, then $400.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.