Our view of the cryptocurrency Binance Coin (BNB) is trading now in an uptrend

As we predicted before its movements are preparing to jump higher you can read the last article here >> Binance Coin ( BNB ) Analysis >>15 Jan 2021 >> So let's update our resistance & support areas.

( BNB ) is trading now at $ 46.1357

(BNB) has been recording a new highest price by breaking the last resistance area which at  the area of $ 46.7228, Otherwise, we still have a good control volume area above the area of $ 39.9999

(BNB) Still continuing in a healthy performance that shows us the ability to reach more than higher range

Also means we have to see some of the correction areas to confirm the newest Support & Resistance areas.

We never Forget to Trade wisely as we advise buyers to place a stop loss below $ 42.5622 areas, as breaking these prices leads to another down support area 

As Shown

The Chart Below

Prediction:

Target: hit & exceed the area of $ 48.5000 with a good volume. 

Binance Coin (BNB) digital currency, if the price of $ 42.5622 is broken, it may target levels of $ 38.6616

Support & Resistance:

Support: $ 42.5622 - $38.6616 - $ 35.0374

Resistance: $ 48.5000 - hit the target above $ 50.0000

Important:

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

 We analyze the past to predict the future.