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BNBUSDT: Bearish Trend Still Controls the Crypto Market!

שורט
BINANCE:BNBUSDT   Binance Coin / TetherUS
Price Action Analysis

BNBUSDT has broken out of the double-top pattern. The price is moving below the EMA200 line, confirming a bearish trend. Additionally, an Ascending Broadening Wedge has materialized within this ongoing downtrend. The breakout of the lower trendline further suggests the potential for a downward movement toward the designated target area.

The momentum indicator
The MACD has formed a golden cross before the breakout, signifying a potential downward movement on BNBUSDT.

The roadmap will be invalid after reaching the target/resistance area.

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"Disclaimer: The outlook is only for educational purposes, not a recommendation to put a long or short position on the
BNBUSDT "
הערה:
What really happen? It hit the first target so soon :)
עסקה סגורה: היעד הושג:
Reached the second target in an instant.
Likes for more content ahead!
עסקה סגורה: היעד הושג:

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