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Binance Coin / TetherUS
Short

BNBUSDT Impulse downward scenario

By firmestudio
Updated
Impulse downward scenario up-to-date. As expected by the last bearish analysis, CZ coin is heading down to fall @ demand zones after a Head and Shoulders breakdown. Pullback to neckline accomplished.
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Pullback accomplished by this micro rising wedge, igniting an submicro impulse wave downward to the local demand zone, which will be the micro wave-1. snapshot
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Impulse submicro wave -(3) after pullback to the rising wedge lower trend line. snapshot
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Bearish Patternsbeartrenddownward-channelElliott Waveelliotwaveanalysishead_and_shoulderHead and ShouldersheadandshouldersformationimpulsewaveshortsetupSupply and Demand
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