FieryTrading

🔥 BNB W-Shaped Recovery: What's Next?

Long
BINANCE:BNBUSDT   Binance Coin / TetherUS
BNB has seen an incredible run over the last couple of week, just like the rest of the crypto market.

With the W-Shaped recovery near its completion, it's time to look ahead and see where this amazing token will go in the next few weeks.

First main area of importance is the $405 resistance, which is where we're trading now. I'm expecting this resistance to break either later today or tomorrow. Main point of interest in the coming week is the $435 resistance. A touch of that resistancewould mean that the W-shaped recovery is officially completed.

It's to be expected that BNB will trade sideways for a while there, potentially falling back to $405. In the next month or so, I'm expecting BNB to resume the bullish push towards the green area of resistance, which ranges from $500-$530.

Happy trading!

🎯Official Channel: t.me/FieryTradingChannel

📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free

✅Monster Signals: t.me/monster_cryptosignals

🔥Premium Signals: www.fierytrading.com
Wyłączenie odpowiedzialności

Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.