- clear downtrend in place
- low volatility suggests a big move is around the corner
- monthy resistance acting as, well, resistance
- first target is around 500$, could eventually go as low as 400
- low volatility suggests a big move is around the corner
- monthy resistance acting as, well, resistance
- first target is around 500$, could eventually go as low as 400
Trade active
With the recent low-timeframe strength, is is rather likely BNB bounces yet again and comes back down later. Shorts are misplaced at this point in time
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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.