Binance Coin (BNB) Price analyst for future trading #6

Hello all my steemit friends. How are you?
In this post, I see a good position for the BNB coin that has the opportunity to go back down. Here I see a decline in almost all markets experiencing a decline, but I chose BNB coin for reasons of high liquidity, and this is the reason why professional traders choose to trade on derivative markets with large market capital, such as BNB, for example.

I have given an overview of why I see the opportunity for BNB coin to continue to decline in price. But the target entry area that I set was not achieved and BNB even plunged down again and made a lower low. In this picture, it is clear that BNB broke the price on the trendline and now the price is on the downtrend trendline. The area above the box zone that I marked has become a resistance area. and now the price retests that area.

I see an opportunity to sell positions in the futures market for BNB coins with a decent reward of 1:3,5.
In the near future, there will be an announcement from the FED. This will certainly trigger prices where inflation in America has occurred, and this makes market activity sluggish because people prefer to save their money than choose to invest in current conditions.

sell position : 253.00$

stoploss : 257.50$

take profit : 236.55$

Keep your risk low because futures trading is a high-risk transaction. I always use 0.5% of my money. Actually, the analysis can be wrong because, as retail traders, we see opportunities from market activity.

My first post about the BNB coin.