BNB Hidden Bearish Divergence as it Breaks Trend
We have a Bearish Bump and Run Reversal Top that is Breaking Down on BNB as we show Hidden Bearish Divergence on the Weekly Timeframe . It should first come down to the 100% Retrace at $6.475 but if that doesn't hold don't be surprised to see it come down to the 1.618 Extension at $0.361
:This is an the same setup as the original chart just altered to fit a more stable exchange other than FTX since every asset on that exchange seems to be making strange moves that don't represent the actual market value of the coins elsewhere.
:This is an the same setup as the original chart just altered to fit a more stable exchange other than FTX since every asset on that exchange seems to be making strange moves that don't represent the actual market value of the coins elsewhere.
Trade active:
BNB since i last looked at it has brokendown The Channels, The Bearflag and the POC and now looks even more Bearish than before.
