Not a matter of "IF" but a matter of "when" bnb goes to 106$
Updated
If you look at any coin in crypto on any timeframe (the higher the better) and see a candle without any wick at all whatsoever, price will return to that level to make a wick. it may not be the next month or the next year but at some point it will. It always has and always will. It repeats on every chart if you take the time to look through them. There are some exclusions such as 100% scams/rugpulls but i can tell you with 100% certainty bnb will at some point be worth 106$ dollars or less
with that information and the weekly breaking below the most obvious level of support on any coin ive ever seen im suggesting a short from 217-225 with an s/l of 244
take profit 1 : 131.29
take profit 2 : 106.69
take profit 3 : 40
s/l is higher than id like but this is being held up by cz in my opinion and sooner than later news will come out that will be the downfall of this crypto criminal organization
This sounds like some tinfoil hat trading i realize but I think the writing is on the wall for binance but no one believes they can fail
with that information and the weekly breaking below the most obvious level of support on any coin ive ever seen im suggesting a short from 217-225 with an s/l of 244
take profit 1 : 131.29
take profit 2 : 106.69
take profit 3 : 40
s/l is higher than id like but this is being held up by cz in my opinion and sooner than later news will come out that will be the downfall of this crypto criminal organization
This sounds like some tinfoil hat trading i realize but I think the writing is on the wall for binance but no one believes they can fail
Note
I posted this before seeing the recent allegations of bnb dumping btc to hold bnb price up believe it or not lol.. either way. My idea has NOTHING to do with any news or "FUD" in circulation, I am trading the chart not the newsTrade active
shorts filled and runningstop 244
take profit 131.29 107 40
Trade active
daily close under 218, short with same levels for stop/take profit. has now flipped red on 40d candle. limited upside for bnb
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