RLinda

BNBUSDT ! False breakdown of the liquidity zone. Rolling backup?

Long
BINANCE:BNBUSDT   Binance Coin / TetherUS
BNBUSDT is in a strong downtrend. In practice, the cryptocurrency market does not have deep pullbacks, which means that sellers have no rivals. Yesterday the price breaks through the support (falsely) after exiting the consolidation and after capturing liquidity, the price returns to the long zone relative to the level of 219.

I guess that we can see the price pull back to the resistance liquidity zone. The short-term target after fixing the price above the level is resistance 260.8. And the medium-term - resistance zone 295.9

Sincerely, R. Linda!

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