BNB fights resistance at $ 419
Binance Coin / TetherUS BINANCE:BNBUSDT
Hello everyone, let’s take a look at the BNB to USDT chart over the 4 hour timeframe. As you can see, the price left the downtrend line nicely.
Let’s start by highlighting the support as you can see, the first support is $ 398, the next ones are $ 385 and $ 372.
Now let’s move on to plotting the resistance line and as you can see the first resistance is 419$ the next resistance is $ 455, the next resistance is $ 496, $ 4536.
Looking at the CHOP indicator , we can see that in the 4-hour interval we still have a lot of energy to use.
