Technical analysis by realmadrid2015b15 about Symbol BNB: Sell recommendation (8/15/2023)

BNB has been trading sideways for many months and after all the legal problems they have, its time to go LOWER. BNB is in my opinion still OVERVALUED. and also, there has not been any CAPITULATION event on BNB holders. As you can see, volume keeps dropping (bearish sign). very low liqiudity. also, BNB has formed a MASSIVE BEARFLAG. the flag has already broken down. in crypto, things must get WORSE before it gets better, and for BNB its time to get worse. i believe in the WORST case scenario, bnb can go as low as 120 or 80 dollar. In the BEST scenario, bnb can go as low as 202 or 180 dollar.They say dont fight the FED, i say dont fight the SEC.BNBUSDT BNBUSDT.P BNBUSDT BNBUSDTShort opened at 240 dollar. Stop-loss: 262Take-profit targets: 206, 186, 120, 81.Things are going according plan. Patience is key.Bearflag within bearflag. BNB having hard time..Very successful trade. 1st target reached, Huge profit. Closed big portion of my trade.