Owo Binance (BNBUSD) Owo Ti Nlọ si Ipele Atilẹyin ni $ 142

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BNBUSD Onínọmbà Iye - Oṣu Kẹta Ọjọ 05

Further decrease in price is envisaged and the support level at $196 is likely to be tested. The breaking down of the just mentioned level will expose the coin to $142 and $117 price level. In case the decrease in price is interrupted by the bulls, the price may reverse and face the resistance levels at $254, $311, and $364.

Ọja BNB / USD

Awọn ipele bọtini:

Awọn ipele ipese: $ 254, $ 311, $ 364

Awọn ipele ibeere: $ 196, $ 142, $ 117

BNBUSD Aṣa igba pipẹ: Bearish

The price increased to $364 resistance level on February 19. The bullish pressure pushes the coin to test the resistance level at $364 but unable to increase above level. On February 20, a strong and massive bearish candle emerges that breaks down the former support level of $254, price retracement was carried out the following day. The bulls gathered momentum and push the price to retest the $254 price levels but unable to penetrate. BNB price is heading towards the support level at $196.

The 9 periods EMA is above the 21 periods EMA and the coin is trading between the two EMAs as a sign of a bearish trend. Further decrease in price is envisaged and the support level at $196 is likely to be tested. The breaking down of the just mentioned level will expose the coin to $142 and $117 price level. In case the decrease in price is interrupted by the bulls, the price may reverse and face the resistance levels at $254, $311, and $364.

BNBUSD Aṣa-igba alabọde: Bearish

BNBUSD is bearish in the 4-hour chart. BNB price action is trying to complete the formation of “M” chart pattern. In other words, the price is bearish in the medium-term. BNBUSD is decreasing towards the support level of $196. If the candle breaks and close below it, then, the price may test the support level at $142 within a short period of time.

The price is trading below the 9 periods EMA and 21 periods EMA couple with the Relative Strength Index period 14 pointing down at 40 levels indicate that the bearish trend may continue.

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