- BNB rising inside sharp impulse wave C
- Likely to rise to resistance level 792.00
BNB cryptocurrency continues to rise inside the sharp upward impulse wave C, which previously broke through the 3 strong resistance levels 693.00, 720.00 and 740.00.
The breakout of the resistance level 720.00 coincided with the breakout of the daily up channel from June – which accelerated the active impulse wave C.
Given the strong daily uptrend, BNB cryptocurrency can be expected to rise further to the next resistance level 792.00 (former multi-month high from last December).
- Likely to rise to resistance level 792.00
BNB cryptocurrency continues to rise inside the sharp upward impulse wave C, which previously broke through the 3 strong resistance levels 693.00, 720.00 and 740.00.
The breakout of the resistance level 720.00 coincided with the breakout of the daily up channel from June – which accelerated the active impulse wave C.
Given the strong daily uptrend, BNB cryptocurrency can be expected to rise further to the next resistance level 792.00 (former multi-month high from last December).
Alexander Kuptsikevich,
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to [email protected] for PR and media inquiries
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to [email protected] for PR and media inquiries
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Alexander Kuptsikevich,
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to [email protected] for PR and media inquiries
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to [email protected] for PR and media inquiries
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.