BNBUSDT Technical Analysis

in #krsuccess3 years ago

BNBUSDTPERP_2021-12-01_13-39-12.png

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

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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.