Technical analysis regarding the price of BINANCE COIN in relation of dollar Binance for the next scenarios, based on 2 hour movement.
Price is in a brief bearish trend, effecting falling tops/bottoms. However, the 34~89 period Exponential Moving Averages is supporting the price and guiding it and well, I believe you have already found this level of support quite considerable at $196, which has given a very significant rise.
Designing my channels using Fibonacci and using the high kick you gave, I can get the levels that the price can reach and also "stop" (note on the red line) 🏄🏼♂️
What's your perception !? What is your vision?
disclaimer
*** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. ***
Any questions do not hesitate to contact me. I'm happy to be able to help you in the best way I can. 🙏
Price is in a brief bearish trend, effecting falling tops/bottoms. However, the 34~89 period Exponential Moving Averages is supporting the price and guiding it and well, I believe you have already found this level of support quite considerable at $196, which has given a very significant rise.
Designing my channels using Fibonacci and using the high kick you gave, I can get the levels that the price can reach and also "stop" (note on the red line) 🏄🏼♂️
What's your perception !? What is your vision?
disclaimer
*** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. ***
Any questions do not hesitate to contact me. I'm happy to be able to help you in the best way I can. 🙏
