🔷 Pointbreak
* Current scenario
BNB continues to maintain its uptrend on the weekly timeframe after the formation of the support zone at 183.40 to 215.10 USDT. Bitcoin's macro bullish trend ( Check the BTCUSDT chart pinned on our Binance Square profile ) is being maintained and some cryptos are following the same trend and increasing their profit zone to the positions that were opened in the support zones. BNB continued to break the resistance zone between 611.40 and 691.80 USDT ( Old ATH ) and now we have a clear path for the formation of a new ATH that we believe will reach the 1,000 USDT zone for BNB.
* Operations Perspectives
New BNB buy positions may be opened in case of correction and formation of new support zones. Follow the BTCUSDT chart that is pinned to our BINANCE SQUARE profile and this BNBUSDT chart to identify new support zones and trends.
* Pointbreak Fund
Buy positions were opened after the formation of support and confirmation of the uptrend on the weekly timeframe as shown in the chart. We will continue with the positions so that we can continue expanding the profit zone and, if we have corrections with indicators of trend reversal, we will close the current positions and wait for new trend indicators from the Pointbreak algorithm for new buy or sell positions.
⬇️ Support
611.40 USDT
528.90 USDT
388.50 USDT
⬆️ Resistances
1,000.00 USD
--
Disclaimer: The analyses, trend alerts and opinions issued on the Pointbreak Live Room and other Pointbreak services, programs and channels are intended to provide data that can help the trader and investor make their own investment decision. It does not constitute any type of offer or solicitation to buy and/or sell any product. The information contained in this transmission is considered valid on the date of its publication.
If you have any questions, leave a comment.
🔷 Pointbreak
Follow the trend.
