BNB BEARISH PRICE ACTION

I think, that we will see some bearish downmove from BNB. On the USDT chart we have backtested the Golden POCKET, and one more time the Golden's Golden Pocket+ the chart is forming a RIsing Wedge . My stop loss above the last 4H High. My target is the next 12H OB, what is already in confluence with the HTF Golden Pocket+a fresh untested Daily s/r Level.

+ The full reason of my bearishness, is the BNB/BTC chart, what actually is backtesting the 12H Breaker, and moved up to the Golden Pocket, wherefrom i think will fall to the downside.

Komentarz:

Stop loss hit. The BTC pair, and the BTC were very strong