Downloading...
Binance Coin / TetherUS
Short
Updated

BNB is bearish for the MID-Term

218
It went above ATH but could not stabilize above ATH.

Below the price there is the liquidity pool and Liquidity Void. It is expected that the price will soon sweep these liquidity.

We specified the targets on the chart.

Closing a daily candle above the invalidation level will violate the analysis

Note that the financial market is risky, so:
Do not enter any position without confirmation and trigger.
Do not enter a position without setting a stop.
Do not enter a position without capital management.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.

If you have any comments please post them, comments will help us improve our performance
Thanks
Note
It was analyzed from the price of 591.2 and has dropped more than 23% so far. Our bearish view on BNB was correct but did not reach our safe and recommended entry range

snapshot

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.