Lingrid

Lingrid | BNBUSDT consolidating MARKET. Short

BINANCE:BNBUSDT   Binance Coin / TetherUS
BNBUSDT has been consolidating over the month now. It is heading toward the bottom of the consolidationg zone. As you can see, the market made impulse leg. I think the market might move down to retest lower prices down to 500. We can expect the market to retest the previous month low from the trendline and swap zone. If the price rejects the resostance zone by forming long tailed bar or engulding candle then we can look for confirmation to short. My goal is the support level at 520.00

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