Yuriy_Bishko

Binance is going to fall even more, where will the price stop?🚧

Short
BINANCE:BNBUSDT   Binance Coin / TetherUS
Binance failed to close higher and corrected 10% after trying to make a new high. Bnb has now broken the local trend line and tested it as resistance. If the price tests the broken trendline again as resistance, it could be a good selling opportunity and the price will likely go lower. The closest area where there could be enough liquidity and Bnb will stop is the $270 level.

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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Comment: Price did not retest the trendline as resistance, returned higher and continued the upward move
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Comments

exceptional analysis, keep it up
+2 Reply
Yuriy_Bishko T_V_TreeTrader
@T_V_TreeTrader, Thanks for your feedback
Reply
I think currently the price has touched the broken trend line, I'm waiting for the fall
Reply
Coin burn is coming very soon …..
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