trader-fma

elliott triangle wave

Short
trader-fma Updated   
KUCOIN:BNBUSDT   Binance Chain Native Token / Tether
We have a falling market, the price will drop to about 240 dollars
Comment:
We have a bear market, the price is going down to around $240
At $312, we have resistance that will be broken soon
The price reaches the resistance at $270, rejects it and reaches $240.
Comment:
The price reached the first resistance and the probability of returning from this price is low, it will probably see the resistance price of $280.
Trade active:
The probability of resistance failure is very high. Price is reduced to 280
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