Binance Coin ( BNB ) Analysis


( BNB ) is trading at the moment in the area of $ 543.50

moving now in a neutral correction direction.

While the Highest Historical Price       $ 721.80      06-06-2024

(BNB) is doing great in a magnificent area & experts know that very well, as they never lose the profit chance.

(BNB) has been hitting the nearest support area prices many times before at $ 500.00 which could be the point of flying to higher relevant ranges or back to lower support areas.

All we need to do is to keep an eye carefully on the nearest support area as we will mention below & never hesitate to place a stop-loss price, as breaking these areas leads to another down support area.

Otherwise. now is the time for expert trading to start opening the alert to ride the coming profit waves. Also, we don't advise beginners to trade in these areas.

So let's update our resistance & support areas >> Remember the bullish trend is followed by a bearish trend & vice versa. 

 

As Shown

The Chart Below

 

81d241e8d09fc4558ee815cff8ca1784a66e47d096f07cf787711a19e911620d.png 

 

Prediction:

Target: Hit & exceed the area of $ 720.00 - with great volume to fly over $ 1000.00

 

Support & Resistance:

Support:  $ 472.00 - $ 405.00 - $ 356.00

Resistance: $ 592.00 - $ 645.00 - $ 721.00

 

Important:

The result depends on our Vision which could be right or wrong

 We analyze the past to predict the future.

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Ayman Crypto
Ayman Crypto

Cryptocurrency Analyst


CryptoCurrencies Analyst
CryptoCurrencies Analyst

Hello, Everybody Here is Ayman wishing you all the Best of luck in trading many more cryptocurrencies with pieces of Advice to handle them Very Easy & Earn more money.

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