BNB about to loss support ?
BNB / USDT
After a major coin like BNB makes a new ATH then doing a clear and simple retest like this in which giving the majority the chance to buy it = 90% of cases is dump
In 90% of cases of retested triangles after new ATH = more dump to take more liquidity below the triangle
(Ex : this happens in BTC as well recently)
Iam long term supporter of BNB but short term looks more for correction
The confirmation :losing the dynamic support in my chart
This isn’t a Financial advice
After a major coin like BNB makes a new ATH then doing a clear and simple retest like this in which giving the majority the chance to buy it = 90% of cases is dump
In 90% of cases of retested triangles after new ATH = more dump to take more liquidity below the triangle
(Ex : this happens in BTC as well recently)
Iam long term supporter of BNB but short term looks more for correction
The confirmation :losing the dynamic support in my chart
This isn’t a Financial advice
Note
BNB QUICK UPDATE4% drop without lev in few hours
Currently retest the important dynamic support losing it will result in more dump
Note
Price action is still showing weaknessIf we lose dynamic support more dump will come
Note
UPDATE : As expected below the triangle liquidity now
Note
Update :
📈Telegram channel: t.me/bitcoin_masters
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
📈Telegram channel: t.me/bitcoin_masters
💎For Premium Signals Group ask me here: t.me/Babenski
💎For Premium Signals Group ask me here: t.me/Babenski
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.