BNB/USDT Ready for $300...? What is chart saying.?

27 Nis 2021

#BNB/USDT TA Update:-

BNB currently trading at $561
And this is looking good for Fresh Short entry.


Why..?
As per TA chart is looking Bull Flag but My psychology is saying we can see down Trend.

So also ready for both scenarios.

Now I am shorted BNB at $561
And if candle close above $585-$590 then I will exit from short and Long Target will be $850-$900

Only when if closed above $590


I also ready for both scenarios after confirmations.

Entry:- $561-$575
Targets:- $486/$438/$354/$296/$251

Stop Loss:- Strictly recommended If price close above $590 then I will exit from short position.


Support: $486/$438/$354/$296/$251
Resistance:- $589 / Moon


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