Binance Coin 6X SHORT (Full Trade-Numbers — 196% BD-Pot)

11 sept. 2024

Binance Coin's chart (BNBUSDT) looks very similar to Bitcoin, with the exception of the bull-trap in June.

The bull-trap is the most revealing signal of all. It confirms that the bullish wave ended. If a bullish wave ends, a bearish wave starts.

The bearish wave is already in process and after the bull-trap we have the requirements necessary to call the current price action a bearish trend; lower highs and lower lows.

After a three days bounce, weak volume, it seems the resumption of the bearish move comes next. This would imply a lower low compared to 5-August.

Market conditions can change.
This is not for beginners.
Experienced traders only.

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SHORT BNBUSDT

Leverage: 6X

Targets:

3) $490
4) $465
5) $415
6) $385
7) $345

Stop-loss:
Adjust to your own risk tolerance

Potential profits: 196%

Capital allocation: 3%
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This is not financial advice.

Do your own research and planning.

Thanks for your support.

You are appreciated.

Namaste.

11 sept. 2024

Note

The final target can end much lower, the numbers are just for illustration.
They work as a guide/map. Be prepared.