Technical analysis by blocksat about Symbol BNB: Sell recommendation (8/3/2023)

Ascending Triangle pattern shows a sign of Continuation of Downtrend. If BNB break below 230 USDT. Higher chance of their it can reach till 200 USDT -190 USDT. Lot of Bearish news around the market. 1. Binance Could Face U.S. Fraud Charges, but Prosecutors Worry About Risk of Bank Run: Semafor 2. Another CRV hack and Liquidation of CRV below 0.36 of CRV founder. Risk worth taking Buy : CMP (240 USDT) Target: 200 - 190 USDT Stop Loss - 252 USDT