BNBUSDT Possible bear flag formation! Possible Short!
Binanace has formed a bear flag pattern as seen in the image, possible target 26.00 if 26 is broken we could seeit touch 24 before going up again.
Note
Trade has gone through, you can book profits at current rangesat 50FIB more downward movement possible towards 24.5, even though there is support line but can be broken with current market downward pressure, as ETH & BTC are seeming to have a correctionTrade closed: target reached
Target 24.5 reached book profits and wait for price discovery for next update! Happy Trading everyone!!
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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.