BNB/ETH TA 6-May-2021

in hive-110112 •  4 years ago 

BNB/ETH Daily chart

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BNBETH is testing a critical support @0.1815 on the daily timeframe, also a descending triangle is forming as we can see on the chart.
The price direction will be dictated by either further downside if the support is breached with the next support at 0.1715 as target; or a bounce to the upside if the descending triangle trendline is breached, in this case the target would be 0.20325

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