BNB/BTC Main trend in full. Channel. Pivot zone.

2023年7月11日

BNB to bitcoin. Logarithm. Time frame 1 month. Idea for understanding the main trend, secondary trends. The accumulation and distribution zones of a given asset of the most liquid and popular exchange (this is the main thing, the direction of thinking of the masses at scale). Setting trends in the crypto market.

Reaching the resistance of the inner channel (bull market 2021) and from it reversal. Now the price is at the support zone of the inner channel. The zone of the level 0.00744. The reversal zone. The percentages from it to the key support/resistance levels from which the further development of the trend will depend are shown on the chart.

This is how the trend of this crypto coin with its own blockchain exchange Binance on a line chart looks.



📊Trading pair to the dollar. with a more detailed description.

BNB/USD Major trend in full.

2023年7月11日

註釋