Binance Coin Analysis (BNB/BTC)

in trading •  5 years ago 

SATURDAY
3-AUG

Price rejected any attempts to push higher and is now collapsing, seeking the sell LQ below.
JUL low seems like the next target and is likely to be taken soon.
Once LM low is taken out, price could potentially drop even further, towards 0.0020.

On the Daily, price seems unlikely to reverse since there are no buy zones below.
Once LM low is taken out, price may reject the lows but a strong rally seems unlikely, given the recent bearish pressure.

trading crypto cryptocurrency binance bnb
5 years ago by

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      ·  5 years ago 

    I like you analysis

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