BNB Sell the downtrend.
BNBUSDT - Intraday - We look to Sell at 584.8 (stop at 608.2)
The trend of lower highs is located at 585.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
We look for a temporary move higher.
Trend line support is located at 510.
Our profit targets will be 515.7 and 485.7
Resistance: 580.0 / 600.0 / 614.0
Support: 550.0 / 530.0 / 500.0
The trend of lower highs is located at 585.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
We look for a temporary move higher.
Trend line support is located at 510.
Our profit targets will be 515.7 and 485.7
Resistance: 580.0 / 600.0 / 614.0
Support: 550.0 / 530.0 / 500.0
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