BNBUSD has been forming on WTZ2 in downtrend (TF Day). We can measure the target price with Fibo P.200% together with tunnel line in larger timeframe. It's possible to continue the downtrend to this target. So, I decide to open short again for BNB and also other crypto coins with this setup due to high expected rewards with limited risks.
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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.