Binance Coin ( BNB ) Analysis


Our review of the cryptocurrency Binance Coin (BNB) is in a very critical risky area & we don't advise beginners to trade in this area unless knowing the resistance & support areas very well.

 

 

( BNB ) is trading now at $ 307.40

While (BNB) has been hitting the nearest support area prices which are at $ 302.30 to $ 281.10 

 

(BNB) is trading at the moment in a bearish trend direction which means that it will repeat facing the support areas.

 

So let's update our resistance & support areas

 

 

 

All we need to do is to keep an eye carefully at 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.

 

Remember the bullish trend is followed by a bearish trend & vice versa. 

 

As Shown

The Chart Below

 

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Prediction:

bearish trend direction

 

Support & Resistance:

Support: $ 302.00 - $281.00 - $220.00

Resistance: $ 337.00 - $398.00 - $460.00

 

Important:

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

 We analyze the past to predict the future.

 

How do you rate this article?

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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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