Binance Coin just broke out of this downtrend on the 4-hour and bounced off $27 support, going long to $31 & $35 as take profit levels.
BNB has already 1st touched the $35 level and that's around it's previous ATH of $40 so on this next leg-up it could head up to previous-ATH levels. Look what Bitcoin is doing right now that is very possible for BNB.
If BNB doesn't have enough momentum after hitting $31 resistance then its going to come back down and retouch this downtrend and $27 support again before moving back up to those long levels.
Let me know your thoughts in the comments thank you
This chart is kept very, very simple.
BNB has already 1st touched the $35 level and that's around it's previous ATH of $40 so on this next leg-up it could head up to previous-ATH levels. Look what Bitcoin is doing right now that is very possible for BNB.
If BNB doesn't have enough momentum after hitting $31 resistance then its going to come back down and retouch this downtrend and $27 support again before moving back up to those long levels.
Let me know your thoughts in the comments thank you
This chart is kept very, very simple.
