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Ideas_by_Jake

BNB/USDT 1W

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Binance Coin / TetherUS (BINANCE:BNBUSDT)  
Ideas_by_Jake  
BINANCE:BNBUSDT   Binance Coin / TetherUS
Trend Analysis binancecoin BNBUSDT
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trendanalysis binancecoin bnbusdt
Why do I expect price to move below 184 USDT?
Firstly, let's look at the chart.

What can you can read from the chart?
  • Price has been in a range for several months.
  • Price is below local PoC.
  • Gap between 48 and 205 USDT (no major support).
What do I expect will happen based on my readings?
Price is currently in a range below local PoC. I believe that price will move down below 184 USDT while breaking a trend line and the range.
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