Lingrid | BNBUSDT anticipating BEARISH Shift in the SHORT RUN for BINANCE:BNBUSDT by Lingrid

Lingrid | BNBUSDT anticipating BEARISH Shift in the SHORT RUN

The price perfectly fulfilled my previous idea. It hit the target. market recently tested the area above the 700 level then pulled back by taking liquidity. Currently, the market appears calm and is moving sideways. However, on the 1h timeframe, the price is forming an ABC pattern from the resistance zone. Recently, it broke and closed below the consolidation zone, followed by a pullback to retest this area. I think the price might retest the key support level around 600, as it is moving within the range formed in the previous week. I expect short-term bearish move from the consolidation zone. My goal is support zone around 615

Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻

Lingrid

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