RLinda ! BNBUSDT-> Price is pushing up against limit support

2022年9月5日

BNBUSDT is in the stage of formation of Head & Shoulders pattern. We are watching the upward price channel break after the price tested resistance 336.4.

On the chart I have marked the key patterns: upward channel, head and shoulders pattern and an attempted trend change. The global movement is a bearish trend. There are chances that the price is going to continue this move.

I assume, as there is a strong limit support of 274.8 formed on the chart, the price has been forming a pre-breakdown consolidation near the level for a long time, there is every chance of a breakout. At the moment, the leading cryptocurrency coins are in the red zone and can pull BNBUSDT. The short-term target is support at 241.9 and the medium-term target is the liquidity zone at 217.8

Regards to R. Linda!