Our view of the cryptocurrency Binance Coin (BNB) after the great bullish trend that we predicted before in hitting & fly away to an incredible price
Binance Coin ( BNB ) Analysis >> 9 Feb 2021
( BNB ) is trading now at $ 292.3000
While (BNB) has been recording a new highest price which at $ 348.0000
(BNB) is trading at the moment in a neutral trend direction which means that will continue the aggressive performance up & down till set new strong support areas in order to hit higher again
So let's update our resistance & support areas
Otherwise, we have a good daily volume to continue the bullish trend
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 followed by a bearish trend & vice versa.
Prediction:
Target: hit & exceed the area of $ 425.0000 with a great volume to fly over $ 500.0000.
Binance Coin (BNB) digital currency, if the price of $ 249.000 is broken, it may target levels of $ 223.0000 >> (strong area)
Support & Resistance:
Support: $ 249.0000 - $223.0000 - $194.0000
Resistance: $ 348.0000
Important:
The result depends on our personal Vision which could be right or wrong
We analyze the past to predict the future.
Good Luck !