BNBUSD Is there any salvation for the Binance Coin?The Binance Coin / BNBUSD had a week of enormous selling pressure last week, touching on Monday Support A (220.00), that was formed on the December 17th Low.
This is a strong long term buy opportunity. Target initially Resistance A at 318.00 and by the end of August Resistance B at 350.00.
As shown, the primary pattern is a Rectangle.
If the price closes under Support A, target Support B at 194.00 on the short term. However given how emormously oversold the 1day RSI got (at 15.00) on Monday, this is unlikely. Still that would be an ever better long term buy opportunity.
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BNB
TRADE OF THE DAY | BNB our faith is with you CZ poss. 11%TRADE OF THE DAY | BNB our faith is with you CZ poss. 11%
EXTREMELY VOLATILE TIMES - possibly some of the most for Crypto to date. There is a full week of FED announcements, the Binance Case (Freezing of assets now no longer looking like its happening), Hinman E-Mails.
Although our faith is very much with Binance on this one - we have a bullish signal, along with a bullish divergence coming in from an oversold position on the RVI. There is a strong trendline breakout. It is is also looking like it could be setting up a new range between 301.14 and 220.75. Along with the bullish untested Weekly Pivot.
The Big Danger Awaiting BNBBNB, which had an order block of around $265, was rejected by this block about 5 times and then stood at around $210.
In the scenario where this block is rejected, $350 can be seen again, but I think this scenario is risky as I heard from various sources that Binance is an attempt to hold BNB by selling Bitcoin.
In the scenario where $210 support is broken, BNB will face the downtrend that it broke before. There is a possibility of a return from here, but if this does not hold, the $210 - $43 gap becomes extraordinarily dangerous.
BNB will Continue To Fall To $180 from $345BNB buyers did a good job recovery from last year 2022 Nov dump to 180 up to the HKEX:345 resitance zone. The.only issue here is that after multiple attpemts to break this price range it Signals failure which is a strong sign of weakness and lack of interest in buyers as each thrust lacked a follow through.
How ever The Month of May- June doesn't look too promising for buyers if the current sellers continue to grow then the bulls dream to 430 resistance will be destroyed Before any more attempt if the current Monthly candle remains unchanged or continue to turn more Bearish. This shows that soon the bear pattern developing according to the MT Pandora's box above a bear hit could push price further down to 316 to 180 zone if the selloff continue to increase.
There will be mini-pull ups along the dump .
Our swing Short Plan on BNB Remains:
📈 FUTURES TRADE SIGNAL 📈
👉 ASSET: CRYPTOCAP:BNB (BNB/USDT)
👉 ACTION: SHORT
👉 1st ENTRY PRICE: HKEX:333
2nd ENTRY PRICE : HKEX:330
3rd Entry : $329.4
👉 STOP LOSS: HKEX:345
👉 1st TAKE PROFIT: HKEX:316
2nd TP: HKEX:299 3rd TP; HKEX:269 , 4th TP : 190 worst 56 by 2024.
👉Disclaimer: This signal is for informational purposes only and does not constitute financial advice. Crypto trading carries risk, and past performance is not a guarantee of future results. The user assumes full responsibility for any profits or losses incurred, and the signal provider is not liable for any investment decisions made based on this signal.🥰
Always come back to check on this post as we are going to keep updating this post with more entries opportunities.
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SEC Lawsuits Against Binance and Coinbase: Unraveling Conflicts Hi Traders, Investors and Speculators of Charts📈📉
In recent developments that have rocked the cryptocurrency industry, the U.S. Securities and Exchange Commission (SEC) has filed lawsuits against major cryptocurrency exchanges Binance and Coinbase. These legal actions stem from alleged violations related to registration requirements and investor protection. Additionally, a potential conflict of interest has emerged, as former Binance job applicant Garry Gensler now serves as the head of the SEC. This write-up aims to shed light on the sequence of events, the accusations faced by both exchanges, and the implications for the crypto market.
A - Binance Faces SEC Charges
The SEC filed a lawsuit against Binance, one of the world's largest cryptocurrency exchanges, and its CEO Changpeng Zhao (CZ), accusing them of violating U.S. securities laws. The charges revolve around Binance offering and selling cryptocurrency derivatives to U.S. investors without being registered as a securities exchange.
B - Coinbase Sued by the SEC
The SEC also sued Coinbase, a prominent U.S.-based cryptocurrency exchange, alleging that it failed to properly register its planned lending product, Coinbase Lend. The SEC argues that the lending product qualifies as a security, and Coinbase should have registered it accordingly. However, Coinbase has filed a counter lawsuit aiming to prove how many times they have tried to reach out to the SEC for clarity.
C - Conflict of Interest: Gensler's Connection to Binance
Prior to joining the SEC, Garry Gensler reportedly applied for a job at Binance but was rejected. Soon after, he assumed his role as the chairman of the SEC. This situation has raised concerns about potential conflicts of interest, as Gensler now oversees the regulatory actions against Binance.
The SEC are basing their entire case of a few key factos:
❗ Securities laws mandate that companies offering securities or related products to the public must register with relevant regulatory authorities. Failure to do so can result in legal action.
❗ Investor Protection: Regulatory bodies aim to safeguard investors' interests by ensuring transparency, disclosure of information, and adherence to applicable regulations.
❗Cryptocurrency Derivatives are still derivatives: Financial contracts whose value is derived from an underlying cryptocurrency, such as futures contracts or options.
❗Cryptos are Securities: Financial instruments, including stocks, bonds, or investment contracts, that represent ownership or participation in a company or enterprise.
Implications for the Crypto Market
The SEC's actions against Binance, Coinbase and Ripple signal increased regulatory scrutiny in the cryptocurrency space, highlighting the need for compliance with existing securities laws. However, it also points out how flawed the current system is as Garry Gensler basically has autonomy over decisions that may be conflict of interest. His actions are affecting the entire crypto space as well as stifling innovation since the SEC has been so negligent to work with the blockchain community for solutions. Not even to mention the shorts that were opened on both Binance and Coinbase just before the lawsuit news dropped, picked up by on-chain analysis as seen all over Twitter. This confirms and reiterates that politicians and other people in power have insider information on stocks, as was last seen with the Nancy Pelosi case.
💭Although this seems like an attack on blockchain, all of the above proves how desperately the world needs a new system that is unbiased, transparent and fair. With regulators desperately grabbing for strands of power in any way possible, it actually just strengthens the argument for blockchain and a cryptocurrency-based future.
And finally, from a trading perspective, these are some decent discounts, hence I'm labeling this post as long. I'll be bagging up because this is a steal for both Coinbase stock and BNBUSDT.
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________________________________
Sauces:
Reuters: "SEC sues Coinbase over failure to register"
The New York Times: "SEC sues Binance over securities violations"
CNBC: "SEC sues Binance and CEO Changpeng Zhao"
Coin Telegraph: "SEC Gensler parallels Binance, FTX sued"
BBC: "US regulator sues Coinbase over interest-earning product"
CryptoSlate: "Coinbase seeks to withdraw staked ETH amid SEC lawsuit"
YouTube: "SEC sues Binance and Coinbase"
The Wall Street Journal: "SEC sues Binance and Coinbase: What the charges mean for crypto"
NASDAQ:COIN BINANCE:BNBUSDT BINANCE:XRPUSDT PANCAKESWAP:NUTUSDT_9D4097 CRYPTOCAP:BNB
BNB/USDT 4HInterval Targets and StoplossHello everyone, let's look at the BNB to USDT chart on a 4-hour time frame. As you can see, the price is moving above the local downtrend line.
Let's start by setting goals for the near future that we can take into account:
T1 = $240.7
T2 = $244.5
T3 = $247
T4 = $251
AND
T5 = $255.5
Now let's move on to the stop loss in case the market goes down further:
SL1 = $231.8
SL2 = $221.9
SL3 = $214.3
AND
SL4 = $206.3
Looking at the CHOP indicator, we see that there is still energy to continue the move, MACD indicates a local uptrend, while the RSI has been moving below the lower border for a long time and now we are approaching the middle of the range with room for further growth.
BNB: Oversold at SupportBinance (BNB) technical analysis:
Trade setup: Bearish breakout from Rising Wedge pattern and below 200-day moving average (~$300) signaled bearish trend reversal to downtrend. It is however quickly approaching $220 support area and is very oversold (RSI ~ 20), thus price could bounce up near-term. It’s a higher risk swing trade setup since overall trend is down.
Patterns : Rising Wedge It usually forms after an uptrend and suggests a potential bearish reversal in the original uptrend. When price breaks the lower trend line the price is expected to trend lower. Emerging patterns (before a breakout occurs) can be traded by swing traders between the convergence lines; however, most traders should wait for a completed pattern with a breakout.
Trend : Downtrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bearish but extremely oversold. (MACD Line below MACD Signal Line). RSI is Bearish (< 45) but extremely oversold (< 20), which could imply that price could briefly stabilize or bounce if it reaches Support.
Support and Resistance :Nearest Support Zone is $220. The nearest Resistance Zone is $260 (previous support), then $300.
PEPE/USDT 81% Down From All Time High Within 38 DaysPEPE Coin: From $100 to $1M for Early Investors, But 81% All-Time High Plunge Leaves Many at Loss
Investors in PEPE, a highly hyped cryptocurrency, saw remarkable returns with some converting a mere $100 investment into $1 million prior to its listing on exchanges. However, the subsequent plunge in its all-time high, reached on May 5th, 2023, has led to an 81% decrease within just 38 days. As a result, those who invested $10,000 at the peak are now left with a value of only $1,890, indicating significant losses. With approximately 95% of investors currently facing a loss, caution is advised when dealing with excessively hyped coins.
Early Investor Success Stories:
Many early investors in PEPE experienced unprecedented gains, turning their initial $100 investments into remarkable sums of $1 million before the coin was listed on exchanges. These individuals likely benefited from being involved in the project at an early stage or having insider knowledge. Such success stories attracted attention and fueled the hype surrounding the coin's potential.
81% Drop from All-Time High:
Despite the initial success, the value of PEPE experienced a sharp decline. The coin's all-time high, achieved on May 5th, 2023, has since plummeted by 81% within a span of just 38 days. This rapid decrease in value has caught many investors off guard and led to substantial losses for those who bought in near the peak.
Investors at a Loss:
Investors who entered the PEPE market during its peak are now facing significant losses. For example, individuals who invested $10,000 at the top of the market are currently left with a value of only $1,890. This substantial loss highlights the risks associated with investing in highly volatile and hyped coins.
Cautionary Advice and Lessons Learned:
The recent performance of PEPE serves as a cautionary tale for investors. The significant drop in value and the majority of investors experiencing losses underscore the importance of exercising caution when dealing with excessively hyped coins. Thorough research, understanding the fundamentals of the project, and carefully considering the risks are crucial steps to avoid potential financial setbacks.
A BASIC ENTRYThis right here is my favorite type of entry where you can basically see a nice bottom and re-test from the pullback before so in my eyes coming back down to this price too fill in the gaps is a MUST PAY ATTENTION type of trade... too me this is a continuation of price action. NOW! don't just get to your desired price and throw a market order in just because it's there? Wait for some big volume to come through, wait for the next pullback... Getting too the price is one thing... but knowing what to do next is the ball game.
I mean if I can get the price too come down far enough that i can set my SL behind a bunch of big 4HR, 1D bottoms and scale down to a lower TF too catch a clean leveraged trade. That's a strategy in itself... To add a focus on discipline, mindset, psychology, family, friends, work! an all-round lifestyle as a SOLDIER! you come to realize that trading is such a very small part of the game. Nail life first... then that simple strategy might just work.
BNBUSDT - Price can bounce down and fall to $222.5Hi guys, this is my overview for BNBUSDT, feel free to check it and write your feedback in comments👊
When the price broke $300.0 level, it entered to falling channel, in which BNB fell to support area.
Next, price after a little movement up, continued to decline and soon broke $267.5 level too, and fell lower.
Declined to $228.5 level, Binance Coin exited from channel and started trades inside from range, in which price even fell to support area.
But at the moment price continue trades inside from flat and maybe it can grow to top part of flat.
Then, Binance Coin can bounce down, broke support level and fall to support area again.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
BNB Possible Fall to deep Amid SEC-Binance NewsAs Binance Coin (BNB/USD) is currently testing a significant weekly support, market participants should keep a close watch on the coming price action. Given the recent developments between the Securities and Exchange Commission (SEC) and Binance, we could observe heightened selling pressure in the near term that might induce a downside break of this critical support.
Binance, the issuing entity of BNB, has been under intense scrutiny by the SEC. The commission's increased attention on the crypto exchange's operations, particularly in areas of regulatory compliance, could create an atmosphere of uncertainty and risk among investors. These external pressures could potentially add to selling pressure on BNB.
At present, the BNB/USD pair is testing a crucial weekly support level. If the pair fails to sustain above this support, a steep sell-off could be triggered that might drive the prices down to the next support-resistance (SR) area around $50. This level has previously served as both support and resistance and is a likely target should the current support fail.
Traders should monitor the situation closely and look for confirmatory signals of a breakdown. A weekly close below the current support, accompanied by increased trading volumes, could offer a stronger indication of a potential decline towards the $50 mark.
However, traders should also consider that market dynamics can change rapidly, especially in the crypto space. While the recent news involving Binance and the SEC seems bearish, any positive developments in this regard could quickly reverse market sentiment and impact BNB prices.
Always remember, trading involves risk. It's important to conduct thorough research and consider various scenarios before making trading decisions. Consider this analysis as part of a diversified strategy.
Note : This idea does not constitute financial advice. Always do your own research before making any investment decisions.
Binance Coin can break resistance level and cotninue to growHello traders, I want share with you my opinion about Binance Coin. By observing the chart we can see that after downward channel, price declined past support level - $301.5. But BNB at once bounced from this level and next started trading inside the big range. As well sometimes Binance Coin fell to bottom part, which coincided with support level and area, but later it broke level and made strong downward impulse to support line. Then price tried to grow to resistance line, but failed and fell lower next level and area. But recently BNB bounced up and now trades close $234.5 level. Possibly Binance Coin can break resistance level with line, make retest and then continue to rise. Therefore I set my target at 256.5 level. Therefore I set my target at 256.5 level. Please share this idea with your friends and click Boost 🚀
Keep an eye on $BNB/USDTHighly expected BNB price will bounce from here at current price $220
Did you find this crypto market analysis helpful? Stay updated about the latest crypto market update.
Please continue to follow my analysis and feel free to ask any queries, you may have. I am here to assist you.
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Decision Time for Binance Coin (BNB)Decision Time for Binance Coin (BNB)
- RSI at this low level is typically followed by
significant price increase (See Green Circles).
- A buy here could make sense with a tight stop
below the upward channel border. Equally on a break
of the border to the downside, you could short and set
your stop loss at the channel border.
- We are trending up in the channel but technically we are
not in a full uptrend as we are below the 200 day. Caution
advised.
As we are meeting the border of the channel now is a good time
to consider a position, place it, ENFORCE a stop loss and sit back and
see what happens next.
Best of luck, the parameters are set.
PUKA
BNB: THE FALL TREND OF BNB below $200According to the latest study, there is a strong likelihood that BNB (Binance Coin) will experience a downward trend, potentially reaching a new low within a short period of time. This prediction is based on the previous trends of BNB, taking into account technical aspects of the cryptocurrency.
As per the update, it is expected that BNB will drop below the $200 mark. The analysis of BNB's price history reveals that it started at a value of $8, and since then, there has been a significant increase in liquidity volume. However, when a considerable portion of this liquidity decreases, it can have an impact on the price movement of BNB.
This is not trading advice, manage always your trades and risks well.
Potential Reversal Amid Market PressureBinance Coin (BNB) is currently trading at $235 with an RSI (Relative Strength Index) of 25. Let's delve into the details of recent market movements and the potential implications for BNB's price.
In recent times, BNB encountered a significant support level at $300, after which it experienced a positive swing. The price escalated precisely from this range to reach the resistance level situated at the floor of the previously broken corner pattern, which coincided with the blue range at $320. However, since this level had been breached in the past, it resulted in the formation of a range channel between the aforementioned resistance and the $300 support.
The market dynamics took a negative turn when news regarding the SEC complaint against the Binance exchange surfaced. This led to a prevailing wave of fear and selling pressure across the market, causing important support levels to crumble not only for altcoins but also for Bitcoin. It's worth noting that Bitcoin had already been following a bearish trend within the 4-hour timeframe and was correcting towards its support.
Given the intensified downtrend experienced by BNB, a crucial support range is observed within the $217-$200 bracket. This support level nearly aligns with the floor of the weekly channel range for BNB. If there are discernible signs of reaction and a change in trend within this range, particularly within the 4-hour period, it could potentially herald a positive fluctuation in the price of BNB. Traders and investors should closely monitor for any indications of bullish activity within this key support zone.
However, if selling pressure persists and there are no apparent signs of a shift in market sentiment, the support at $200 is at risk of being breached. In such a scenario, BNB's price may experience further decline, potentially reaching the ranges of $160-$150 and $114-$110. It is crucial to closely track market developments and assess the situation accordingly to make informed trading decisions.
One of The Most Manipulated & Inflated Assets of All TimeBNB has been consistently the best performing crypto asset since its inception in 2017. Since then, it has gone from mere pennies to nearly $700, outperforming both Ethereum and Bitcoin. How is this possible, given that the TOTAL crypto market cap lingers close to its 2017 all-time high, 5 years later??
How is this possible, given that the crypto market itself hasn't sustained much growth since 2017, Binance volume has declined, and given that cryptocurrencies themselves do not provide a necessary in-demand service for society? For an exchange like Binance, trading and gabling is the top priority, not meaningful change to infrastructure, the environment, or fundamental human needs.
It's been over 3 years since I've written an article or any sort of analysis on Binance Coin (BNB). Here is one of my last posts from 2019, which includes roughly the same bullish channel shown on the righthand chart of this post:
It's quite incredible how well BNB has respected this channel and its trendlines over the years. A Technical Analyst's wet dream.
Needless to say, my experience and perspective has changed since 2019, but one thing does remain the same: I believe BNB is heavily manipulated. And it's not really a question; the chain itself is deflationary by design, and there are those at the top who have a vested interest in keeping the value high. It also has enforced demand. Since Binance has become the go-to exchange for many, at first glance it makes sense that BNB continues to outperform the rest of the market. When I first came across BNB at the end of 2017, trading with it was useful because it help reduce fees on Binance. At that time, it was an ERC-20 token on the Ethereum network. I had a bad feeling about it, so I couldn't commit to holding the token. From a profit standpoint, of course it was a bad move to let go of my BNB coins.
As of April 2019, BNB became its own chain (with a code similar to that of NEO, I believe). Now, it's become an entire ecosystem with a Decentralized Exchange, burn mechanism, lottery system, NFT's, and plenty of other nebulous forms of functionality. Many existing projects also migrated to the Binance "smart chain," some of which migrated from NEO, which at the time shared some tech with the new BNB chain. This likely caused a decline in usage and popularity for NEO, which struggled to maintain relevance next to Binance's marketing and their presence as the largest cryptocurrency exchange in the world.
During this period between 2017 and the present day, BNB is the ONLY relevant cryptocurrency that has continuously made new all time highs against Bitcoin, as far as I'm aware. BNB now maintains a solid position in the top 5 cryptocurrencies by market capitalization, currently standing at around $45 Billion.
HOWEVER
As you can see on the above charts, volume has fallen off a cliff. This tells me Binance's price is influenced by very little *authentic* trading. Volatility has also immensely declined. This may have something to do with the banning of crypto trading in China in 2021, as well as other regulatory crackdowns. It remains incredibly likely that BNB would be deemed a security in the eyes of the SEC, since Binance employees receive payment in BNB, and the token itself is often seen as an investment in Binance as a company. Assumably, if the company is doing well, BNB benefits.
BNB has all sorts of mechanisms keeping it afloat: Quarterly token burn mechanisms (as mentioned earlier), numerous stabelcoins (some of which operate on the Binance smart chain itself, and recycled profits from other cryptocurrency projects. BNB has sucked market share from almost everything else. How else can something maintain such a high relative value while markets tumble and liquidity evaporates? The only explanation I can come with is that it is being propped up. I've also noticed that BNB generally maintains a positive funding rate on Binance while others have remained negative during the bear market, which may indicate that it has continuous long interest from futures.
Now, looking at the recent news, a $500M hack has occurred, right under the nose of Binance, on their very own "smart chain." This is the largest hack experienced by Binance, and it joins the ranks of some of the largest crypto hacks of all time. While hack attempts are surely made in our banking system, it makes one wonder what the precise point is of this "alternative financial system" if it is so susceptible to hacks of this scale. I mean come on, the entire chain was halted. Apparently BNB was originally created as a means to repay customers after a Bitcoin hack in 2017. Now that's pretty interesting, don't you think?
Looking at the monthly chart, BNB itself has halted. Price action has essentially flatlined, underneath the 9 month EMA.
I expect price to eventually break below or at least test the 50 month MA (red). I'm leaning towards a breakdown here, mostly due to the lack of PA and volume, in addition to my feeling that negative news is likely to continue. It's also important to note the breakdown of the long term uptrend against the dollar, and the lingering at near the top of the bullish channel against Bitcoin. I think price can decline straight back to the $40-50 level, near the breakout point for the last bull run, and at least back to the middle of the channel against Bitcoin. Depending on how badly Binance would be hit by such a crash in BNB price, I will reassess from there. Of course, there is the chance for markets to bounce throughout Q4 of this year, since SPX hit the 200 week Moving Average. There may even be some room for rare optimism from me, depending on how things play out in the coming weeks.
Despite this, I believe the house of cards is still likely to continue to fall for crypto. I have very little conviction in this market's durability at the moment. Again, here is the TOTAL market cap chart, showing that the 50 month MA holds as support, likely due to the price performance of coins like ETH and BNB, as well as stablecoin dominance.
A crash in BNB would be likely to send other crypto prices lower as traders look for liquidity and the exchange goes into crisis mode. Certain stablecoins like USDT and BUSD may also be in trouble, should that happen, also due to a liquidity crunch.
As always, this is meant as speculation! This may not play out at all, and I could just be spouting nonsense. Regardless, it's fun to think about these things. Unlike U.S. banks, a crypto exchange like Binance has very little recourse should it fall. Even people who still believe in the long term viability of Bitcoin will agree - get funds off exchanges.
Again, this is not meant as financial advice. The future is not certain. All we can do is speculate and entertain ourselves in this wild world.
Thank you for reading.
-Victor Cobra
Blood in the Altcoin Streets!Traders,
We woke up this morning with a bloody mess in the Altcoins space although Bitcoin and Ethereum both held critical levels and, believe it or not, I remain bullish on. Let's take a look at these charts and talk about what occurred. Are there any altcoins even worth entering? Which ones? What are some good entry areas?
Stew
BNB: Oversold at SupportBinance (BNB) technical analysis:
Trade setup : Bearish breakout from Rising Wedge pattern and below 200-day moving average (~$300) could signal bearish trend reversal to downtrend. It is however quickly approaching $220 support area and is very oversold (RSI ~ 30), thus price could bounce up near-term. It’s a higher risk swing trade setup since overall trend is down.
Patterns : Rising Wedge It usually forms after an uptrend and suggests a potential bearish reversal in the original uptrend. When price breaks the lower trend line the price is expected to trend lower. Emerging patterns (before a breakout occurs) can be traded by swing traders between the convergence lines; however, most traders should wait for a completed pattern with a breakout.
Trend : Downtrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bearish but extremely oversold. (MACD Line below MACD Signal Line). RSI is Bearish (< 45) but extremely oversold (< 20), which could imply that price could briefly stabilize or bounce if it reaches Support.
Support and Resistance : Nearest Support Zone is $260, which it broke, then $220. The nearest Resistance Zone is $300 (previous support), then $340.
Bitcoin - Key Level Test!Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
A few thoughts regarding the BTC chart.
On the older TF, the price continues to move in the descending channel zone, at the moment the key level is the range of $25,300-24,600. As we can see, the price is close to this zone, but they don’t want to confirm yet, perhaps they don’t allow to unload positions on purpose.
If you look at the support zones, then we have two local ranges that I noted above ($25,300-24,600) these are the levels from which a technical rebound can be expected, well, you should also not forget about (squeeze) the $25,300 level can be broken through for a test the lower zone of the descending channel (marked with a red line), so be careful if you decide to take long positions.
Altcoins:
As for the altos, of course, everything is sad here so far, I have not closed all the positions that I have previously gained and continue to hold until the best changes in the market.
Guys, now I really understand that they are strangling, all this terrible FUD is a psychological game and it will end soon, in my experience there were many similar situations and with each of them I only became stronger. I stay with you
BNB IS BEARISHHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the BNB symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You