Binance Coin ( BNB ) Analysis


Our view of the cryptocurrency Binance Coin (BNB) after the bullish trend that we predicted before in preparing to jump higher you can read the last article here >> Binance Coin ( BNB ) Analysis >> 2 Feb 2021

 

While is trading at the moment by downtrend direction, but there’s something good at its movements which shows the great performance that refers to continue the uptrend till reaching the area of $ 100.0000

 

So let's update our resistance & support areas.

 

(BNB) has been recording a new highest price which at $ 64.5986

 

( BNB ) is trading now at $ 64.4500

 

In order to create & set new higher support areas to get the great historical jump

 

Otherwise 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 followed by a bearish trend & vice versa. 

 

As Shown

The Chart Below

 

7b2621abfe14ac5e1e394e23ea2992d962ec6a87deb8bd526e05eaa16b7d5c99.png

 

Prediction:

Target: hit & exceed the area of $ 83.5000 then fly over $ 100.0000. 

Binance Coin (BNB) digital currency, if the price of $ 57.2500 is broken, it may target levels of $ 49.1500

 

Support & Resistance:

Support: $ 57.2500 - $49.1500

Resistance: $ 68.7300

 

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?

19


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.

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.