BNB: ⬆️ Buy
– BNB rising inside sharp impulse wave C
– Likely to rise to resistance level 792.00
BNB cryptocurrency continues to rise inside the sharp upward impulse wave C, which previously broke through the 3 strong resistance levels 693.00, 720.00 and 740.00.
The breakout of the resistance level 720.00 coincided with the breakout of the daily up channel from June – which accelerated the active impulse wave C.
Given the strong daily uptrend, BNB cryptocurrency can be expected to rise further to the next resistance level 792.00 (former multi-month high from last December).
Source: Fxpro