DISCLAIMER: I am not a financial advisor nor certified analyst. All contents discussed on this blogpost are solely my own personal views and for Trading education/entertainment purposes only . Do your own research and due diligence.

With that being said, let's get into it;

1 Day Timeframe.

Starting with the 1 day Timeframe, Nothing much has happened from were we stopped yesterday. As of now, there's a new candlestick which is created just above the one we stopped at yesterday.

With the Newly formed candlestick, we can either go bearish for some short period of time if there's failure to move above the support level. Nothing much has happened in the 1 Day Timeframe.

Moving on to the 1 month timeframe, well I think there might be some little problem. But hopefully, I hope it gets cleared up in no time.

1 Month Timeframe.

Now, this is were things get a little complicated. Part of being a trader is you accepting you don't know what's going to be happening all the time on any chart be it in crypto or stocks.

What happened is that we were actually expecting that last Red candlestick to close inside of the symmetrical triangle or at least just above the purple trend line. But that's clearly not what happened as the opposite of it happened.

We eventually ended up closing below the purple trend line and breaking the symmetrical triangle at a bearish point or path. But not to worry, We hope this is just a false breakout as we go bullish.

Just so you know, There's still hope for a bullish movement as we are still based on the the key level which acts as a support level.

Overall: We're still at the base level of a major key level which acts as a support zone for bullish movements.

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Bnb address:

0x82A2571BcC2FD815eA681A26e79a541373cf2718

Until next time, Peace.