Binance Coin update (BNB/BTC)

in #trading5 years ago

THURSDAY
25-JUL

Price took out LW high and rejected the highs.
It is still in consolidation but may be targeting LW low after the rejection.

On the Daily, the sell LQ is below 15-July swing low and this could be the next target for the sellers.
Buyers may also be waiting to step in at prices below 0.0026.
The rally from the last two weeks has been pretty weak so far and a bigger drop could easily take place if sellers show up around the current levels.