AlanSantana

✴️ Binance Coin | Another SHORT Entry (6-10X Lev)

Short
BYBIT:BNBUSDT.P   BNBUSDT Perpetual Contract
Binance Coin peaked 28-December 2023, a month ago.
It has been kind of sideways but still producing clear lower highs, revealing what's to come.

We already shared a similar trade setup but timing is important so here we go again...

The major portion of the bearish move is yet to develop. Once it starts going, it is going to be really fast and strong, why? Because the consolidation has been going for an entire month.

Normally when prices are set to drop, the drop happens right after the top... Here we see this dynamic and so we know that something big is going on.

With that said, market conditions can always change.

Make sure to do your own research and planning, as trading involves risk and while there can be big win, loses are also part of the game.

Thank you for reading.

Namaste.

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