Binance Coin (BNBUSD) Priis lûkt werom op $ 503 Resistance Level, Bullish Trend kin trochgean

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RESULTS

 

BNBUSD Priisanalyse - 22 oktober

Binance Coin pulls back to retest the dynamic resistance level and may continue a bullish movement as the daily candle opens the market today, above the $503 level are found resistance levels of $599 and $678. Inability to propel the price above $503 level by the bulls may leads to bearish movement towards $430, $364 and $311 levels.

BNB / USD Merke

Key nivo's:

Oanbiedingsnivo's: $ 503, $ 599, $ 678

Fraachnivo's: $ 430, $ 364, $ 311

 

BNBUSD Lange termyntrend: Bullish

On the long-term outlook, BNBUSD is bullish. Binance Coin has been under the control of the bulls since the day price tested the support level of $311. A candle pattern called ‘Morning star’ formed at the mentioned level. The price soars towards the direction dictated by the candle pattern. It increases to penetrate the former resistance level of $364 and $430. The bullish pressure has pushed the coin to test the $503 resistance level.

The Binance Coin retain its trading above the two EMAs which indicate that bulls are holding onto the market. The fast moving EMA (9 periods) remains above the slow moving EMA (21 periods). Binance Coin pulls back to retest the dynamic resistance level and may continue a bullish movement as the daily candle opens the market today, above the $503 level are found resistance levels of $599 and $678. Inability to propel the price above $503 level by the bulls may leads to bearish movement towards $430, $364 and $311 levels.

BNBUSD middellange termyn Trend: Bullish

Binance coin is on the bullish movement on the 4 hour chart. On October 12, the bears could not push down the price further as the bulls interrupts the bearish movement with the formation of strong bullish candle. Binance coin broke up the resistance level of $430 and increase towards the resistance level of $503.

De Binance Coin hannelet boppe de 9 perioaden EMA en 21 perioaden EMA dy't oanjaan dat keapers de merk dominearje.

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