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BNB Bearish Liquidity Buildup
Binance Coin
Short
BNB Bearish Liquidity Buildup
By raresmihalcea2020
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Nov 30, 2023
2
Nov 30, 2023
The trend has changed with the liquidation of the structural low on the 4h chart, which indicates a bearish momentum
There is a clear trend line that has stop losses above it so the price might take it out first in order to continue bearish.
Equal Lows formed a Support zone on the 4h Chart which has stop loss liquidity below it.
BNB can have a reaction from either of the Supply Zones noted on the chart.
The overall Daily Bias is Bearish
Fractal
Multiple Time Frame Analysis
Supply and Demand
raresmihalcea2020
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