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BNBUSD 50 % drop - Beware

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BNBUSD got rejected at the strong resistance level. We expect it to have a short term bounce together with the whole market and if we retest the strong resistance level again, it will the most likely get rejected .

50 % drop coming. Beware

The problem is that it went very parabolic in the bull market and there´s no much support so if we break our support zone, we can go much lower.

If we have some heavy FUD related to Binance exchange, it may drop to 50 $ or a bit lower and it would be a a great opportunity to buy at those low prices. However, it´s not very likely in our opinion .

Good luck!
Nota
The idea is still valid. If the market remains bearish , we expect the price to drop hard
Nota
So far Binance exchange looks way more ´solid´ than other crypto exchanges. However, if there´s a big FUD , most likely BNB will drop hard too.
$130 is still very likely.
Nota
BNBUSD - sorry but you won't like it
Nota
Today, on twitter we can observe increasing number of FUDs about BNB / Binance. The idea is still valid
Trade ativo
Long way to go for BNB. Be ready for more pain!
Trade ativo
Strong resistance is still acting as a strong resistance.
Maybe some new FUD about Binance soon?
Nota
145 -120 $ is a buy area if we get there
Nota
slow price action , but the chart looks more and more bearish . This idea is still valid
BNBBNBBTCbnblongbnbshortbnbusdBNBUSDTBNBUSDTPERPChart PatternsHarmonic PatternsTechnical Indicators

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