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mljones
Mar 8, 2019 12:26 PM

Get out of this if you're long Short

Binance Coin / TetherUSBinance

Description

Been watching for the break, it's in a 5th wave inside a 5th wave and is going much lower. I would have shorted it in the red box if there were a way to do so. Looking for this to form a catalyst to send btc lower also.

Refer to attached chart for more analysis

Comment

BTC dumped and this will soon go even lower too. Wish it were possible for me to short.

Comment

BTC showing strength again so BNB might not be a great short but it's definitely not a good buy at these prices

Comment

There must be quite a large pile of untouched sell stops stacked up below the recent BNB run up.
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