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BNBUSDT Technical Analysis

luming

Published: 01 Dec 2021 › Updated: 01 Dec 2021BNBUSDT Technical Analysis

BNBUSDT Technical Analysis

BNBUSDTPERP_20211201_133912.png
BNB within the 1D timeframe is performing a bullish triangle, the support line has remained strong in the last 2 weeks.

BNBUSDTPERP_20211201_134051.png

In the image above we can see how within the 1W timeframe the price is forming an excellent bullish candlestick pattern, the previous close was a doji with strong accumulation, if the current candle closes with good volume, we should see the price reach or exceed $700 for the next few weeks with clear expectations to look for higher price levels in the medium term.

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