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Weekly forecast Binance Coin technical chart
Symbol BNBUSD

Trading suggestion:

  • By appearing primary signs of entering the market, new entry zone and short-term targets would be published.

DateMarch 19, 2023 - 10:09
Currentrange bound
Forecastcontinuation of uptrend

Midterm forecast:

  • While the price is above the support 220.0, continuation of uptrend is expected.
  • We make sure when the resistance at 361.5 breaks.
  • If the support at 220.0 is broken, the short-term forecast -continuation of uptrend- will be invalid.

Technical analysis:

  • A trough is formed in daily chart at 265.0 on 03/10/2023, so more gains to resistance(s) 338.0 and maximum to Major Resistance (361.5) is expected.
  • Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
  • Relative strength index (RSI) is 67.

Symbol Released Current Forecast
Binance Coin (BNBUSD) Sun, 24 Mar 2024
Binance Coin (BNBUSD) Sun, 17 Mar 2024
Binance Coin (BNBUSD) Sun, 10 Mar 2024
Binance Coin (BNBUSD) Sun, 3 Mar 2024
Binance Coin (BNBUSD) Sat, 24 Feb 2024