HelenP. I Binance Coin may rose to resistance of channel

Hi folks today I'm prepared for you BINANCE COIN analytics. Having formed a resistance zone of 345-350, the price start a local downtrend. After a downward impulse, Binance Coin made a small correction, continued to fall and reached support at the level 300, from which she rebounded. The price re-tested the resistance zone and continued to decline. Over a long period, a downward channel was created in which Binance Coin is still traded. After re-testing the support of the channel, the price increased, broke through the resistance of the channel, but it was not possible to fix above and after re-testing the resistance zone, it continued to fall. Subsequently, Binance Coin made a small correction and continued to move down. Recently, the price reached the support channel, which coincide with the level of 300, re-tested it and began to rise. Now the price is trading above the level of 300 and may rise to the resistance of the channel. It seems to me that Binance Coin may continue the local downtrend, but first it may make an upward correction. Therefore, the goals will be set at levels 315.5 and 322.5, which corresponds to the resistance of the channel. If you like my analytics you may support me with your like/comment ❤️
binancecoinBNBUSDTChart PatternsTrend Analysis

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