My first technical analysis on Hive platform will be that of BNB/USDT. BNB is looking good and has made a breakout of its resistance point. Currently trading at 529 USDT.
Trading Chart Source: binance.com
I have drawn a trend line and two support lines and made a simple analysis for understanding. It is still following its trend with a good move, however, if the trend line is broken out from downside then my support points are 480 and 390 for S1 and S2 respectively. My first SL would be 470 USDT and second 375 USDT. MACD is above zero which is good but I will wait further to hit a support line and revert back towards its trend to take a trade.
Best of luck for taking any trade. Note that I cannot guarantee this prediction. Please take your trades on your own risk with strict stop losses.
Hace a nice day.