NajjarTrading

SHORTING BINANCE COIN

Short
BINANCE:BNBUSDT   Binance Coin / TetherUS
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BNB is loosing momentum, and have potentially set a lower high on the low time frames, this could indicate a reversal.

We are currently forming a rising wedge, we reached daily resistance (430) and potentially forming a double top pattern, if we break below our 410 support level, we should see a continuation further to the downside to our targets:
400
493
375

Watch BTC on the side, we will update you as always.

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What do you think?

Good luck traders,

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Not financial advice
Manage risk and leverage
DYOR


NajjarTrading

Trade closed: target reached:
Targets one and two are reached, ez
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