WalterMoon

BNBUSDT - Price can bounce up to $327 level from support area

Long
BINANCE:BNBUSDT   Binance Coin / TetherUS
Hi guys, this is my overview for BNBUSDT, feel free to check it and write your feedback in comments👊

Some time ago price bounced from support area, which coincided with $254 level, and declined to support line of rising channel.

After this, BNB at once bounced up from this line to resistance line of channel, thereby breaking $254 support level.

Next, price made little correction, and after this, it made upward impulse to $338 points, breaking $300 level and exiting of channel.

Also then, BNB started to trades in wedge, where it soon bounced from resistance line and declined to support line of wedge.

Now, price continues to trades very close to this line and in my mind, Binance Coin can fall to support area and then bounce up to $327

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