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Wyckoff_Analytics

Binance Coin (BNBUSDT) downtrend. Downswing opportunity

Short
Binance Coin / TetherUS (BINANCE:BNBUSDT)  
Wyckoff_Analytics  
BINANCE:BNBUSDT   Binance Coin / TetherUS
Supply and Demand wyckoffmethod upthrust downtrend BNBUSDT binance wyckoff Cryptocurrency crypto shortsetup
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supplyanddemand wyckoffmethod upthrust downtrend bnbusdt binance wyckoff cryptocurrency crypto shortsetup
CURRENT ENVIRONMENT: DOWNTREND
WYCKOFF EVENT: UPTHRUST + TEST
CURRENT BAR: Synchronicity to the downside.

WYCKOFF STORY: Temporary absorption in October. Demand comes in, but supply still persists in the $19-$20 level

FIRST TARGET: Upsloping support

INSTRUMENT: BNBPERP on FTX Futures

Happy Trading,
Alessio
Wyckoff Method Trading and Education
www.wyckoffanalytics.com/
Stocks, Commodities, Indexes,
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