Binance Coin / TetherUS
Long

BNBUSDT ! Consolidation above support after capturing liquidity

452
BNBUSDT entered the liquidity zone, which I indicated below the level of 219, after which the price forms a false breakout and now breaks the level upwards and enters the long zone of the range 219 - 336.

The cryptocurrency market is at strong support levels, people are now in a panic and everyone can react extremely restlessly.

I guess, since the price makes a false breakout of 219, I expect a rollback to support, followed by consolidation above the level and price growth to the liquidity zone from above. Short term target is 260.8 and medium term is 296

Sincerely, R. Linda!

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.