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Binance Coin (BNB) - May 6

BINANCE:BNBUSDT   Binance Coin / TetherUS
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Bitcoin Halving has about 7 days left.
It is expected that this week will be flown to decorate the finale of Bitcoin Halving.

Supported at 16.7516.
The flow of BNB is expected to make an important decision ahead of the flow of BTC.

We need to check if it could rise above 18.6601 after May 8.

In addition, it must be supported by the uptrend line (2).

I think it's a good idea to stop trading for a while during BTC's flow check period and watch the situation.

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Rather than deciding to which point it will rise, I hope now that we can decide at what point we should preserve our profits and losses and close the upward trend with good results.

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See support, resistance, and abbreviation points.
Support or resistance is based on the closing price on the 1D chart.

Description of abbreviations shown in chart
R: Resistance point or section, where a counter is needed to preserve revenue
S-L: Stop-Loss point or section
S: A point or section that can be purchased for profit generation as a support point or section

[Example of exchange chart setup]

(Binance)
www.tradingview.com/x/S94aDxa8

(Upbit)
www.tradingview.com/x/DF6cGh3G/
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