LegionQ8

Binance Coin has tested seller zone and can continue to fall

Short
BINANCE:BNBUSDT   Binance Coin / TetherUS
Hello traders, I want share with you my opinion about Binance Coin. Today's analysis, I decided to conduct using a smart money concept. The graph shows how the Binance Coin begin to move down and updated previous lows, which led to a break of structure. The price formed a buyer zone, from which it begin to move upwards and updated the lower high LH(2). After updating the previous lower high LH(2), and the price formed the seller zone, which it has now tested and started moving downwards. Currently, the price is below the seller zone and may continue to fall, collecting liquidity along trend lines . In this situation, we can see 2 goals for Binance Coin in the support zone 304-302 and in the buyer zone close to level 289.5. Please share this idea with your friends and click Boost🚀

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