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While there is no particular volatility in the market, during the holidays the market literally stood in one place, but now there is already a slight volatility with the opening of the stock market and altos are flying down after the cue ball.
My plan for BNB is still short, not saying that from the current one we will see a fat candle of $220-200, perhaps there will be a small carry-over towards the local countertrend and from there I expect to see a serious strait below $200.
If we break through the $200-220 zone, then most likely there will be a $150-120 squeeze.
While the expectations are such, there is no mood even for local Long positions, I don’t take into account minor rebounds, they only knock down the conversation :)
While there is no particular volatility in the market, during the holidays the market literally stood in one place, but now there is already a slight volatility with the opening of the stock market and altos are flying down after the cue ball.
My plan for BNB is still short, not saying that from the current one we will see a fat candle of $220-200, perhaps there will be a small carry-over towards the local countertrend and from there I expect to see a serious strait below $200.
If we break through the $200-220 zone, then most likely there will be a $150-120 squeeze.
While the expectations are such, there is no mood even for local Long positions, I don’t take into account minor rebounds, they only knock down the conversation :)
