The most bearish scenario unfolded in the market. BNB broke down from the symmetrical triangle and now is in a downtrend. The measured move of the triangle is 387.8 . The RSI and CCI are bound by a downward slope.
I think the downtrend will continue further with no relief for the bulls till next year.
There should be a share on Telegram link for publishing because I was suspended from Twitter and not going back.
I think the downtrend will continue further with no relief for the bulls till next year.
There should be a share on Telegram link for publishing because I was suspended from Twitter and not going back.
Comment:
LTF price action broke back into range with strong volume and was supported, now there is a chance of breaking back into the triangle. Dropping below range again will continue the downward trend.
Comment:
Failed to break back unto the triangle and dropped below range. Downward price action should resume.