Binance Coin 6X SHORT (Full Trade-Numbers — 196% BD-Pot)

Binance Coin's chart (BNBUSDT) looks very similar to Bitcoin, with the exception of the bull-trap in June.

The bull-trap is the most revealing signal of all. It confirms that the bullish wave ended. If a bullish wave ends, a bearish wave starts.

The bearish wave is already in process and after the bull-trap we have the requirements necessary to call the current price action a bearish trend; lower highs and lower lows.

After a three days bounce, weak volume, it seems the resumption of the bearish move comes next. This would imply a lower low compared to 5-August.

Market conditions can change.
This is not for beginners.
Experienced traders only.

___
SHORT BNBUSDT

Leverage: 6X

Targets:

3) $490
4) $465
5) $415
6) $385
7) $345

Stop-loss:
Adjust to your own risk tolerance

Potential profits: 196%

Capital allocation: 3%
____

This is not financial advice.

Do your own research and planning.

Thanks for your support.

You are appreciated.

Namaste.
Comment
The final target can end much lower, the numbers are just for illustration.
They work as a guide/map. Be prepared.
Chart PatternsTechnical IndicatorsTrend Analysis

🔝 The Greatest Cryptocurrency Analysis on Earth!
followalan.com

🔥 6-In-1 ULTIMATE Package Offer Now Live! (The Best In The Market)
lamatrades.com (Since 2017)

🚨 The Best Trade-Numbers In The Universe
alansantanatrades.com
Also on:

Related publications

Disclaimer