BNB has been in a very stable uptrend all year, even in this bear marked. We just touched the long term support and turned around.
In the 1 hour chart we are forming an symmetrical triangle and the price is sitting on the support. If the support doesnt hold, price may dip a little.
Will be interesting to see if price can brake the upper long term resistance! But i'm not counting on this just now..
Legal Disclaimer: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.