On the higher timeframe BNB is currently in a descending channel, if we break out of this 500 zone could see an upswing to around 550-600.
If we stay in this descending channel its possible we see a retracement to under 400 demand zone.
Consistency is key in these times!
If we stay in this descending channel its possible we see a retracement to under 400 demand zone.
Consistency is key in these times!
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Rejection confirmed, descending channel is still valid!
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Short target reached! Hedging on the way up now, if we see the market stabilize a bit