Mon. Dec 6th, 2021

BNB / USDTPERP Long term trend: bearish

Key levels of resistance: 339.43, 377.16, 378.00

Key levels of attendance: 304.06, 280.79, 253.70

Daily chart:

The price of the highest time period could not break the mark of 339.43 USDT, and released a doji bar indicating a possible investment and then a step down in the same direction of the trend main.

BNB / USDTPERP Medium term trend: bearish

4-hour chart:

In the lower term, the price managed to break the downward channel after posting a head and reverse shoulders. The market went down where we expect a higher correction at the neckline of this pattern before a new downward impulse wave.

Signal idea:

Sales limit order @ 327.14

TP 1 @ 304.57

TP 2 @ 304.06

Stop losses @ 334.42

Trade safely 🙂

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