Short

BNBUSDT can continue to decline and exit of triangle

Hello traders, I want share with you my opinion about Binance Coin. Watching the graph, we can see how the price formed the seller zone 332-336, from which it begin to decline and fall to the support area. Over time, the price formed a downward triangle and currently trades inside. We also see how the price broke through the support level 295.5 and fall to the support area 287.5-285.5, which was tested it and bounce back. Currently, the price is trading above the support area and may rise and retest the resistance level. I think that after a possible retest resistance level, the price can continue to fall and break through the support area and thus exit of triangle. So I set 2 goals in the support area 287.5-285.5 and at the level 280. Please share this idea with your friends and click Boost 🚀

LegionQ8

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LegionQ8

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