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Technical analysis by ColdBloodedCharter about Symbol BNB: Sell recommendation (23 hour ago)

https://sahmeto.com/message/3785152
ColdBloodedCharter
ColdBloodedCharter
Rank: 3718
1.9
Sell،Technical،ColdBloodedCharter

I have decided to short BNB based on the DAILY chart alone. Entering now SHORT $1056 STOP LOSS: $1115 TAKE profits: $960 RSI very overheated at 81, Wave 5 finishing rally on all main timeframes, LIQUIDITY trapped below the $980 mark from late longs, bear RSI divergences on many longer timeframes, including MONTHLY. And #bnb has just hit the TRIANGLE (a pattern that started in DEC 2024 and broke out in MAY initially) target at $964 on the DAILY. Risky long, but I like this trade especially on a Sunday early afternoon 💙👽

Translated from: English
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Signal Type: Sell
Time Frame:
1 day
Price at Publish Time:
$1,056.6
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