BNB saw some significant losses that likely stemmed from the recent news of Binance.com closing services to U.S. traders. The sell-off formed the flag pole and buyers have failed to gain significant traction which is beginning to form the flag. This may result in another sell-off creating further lows. I recommend waiting for further confirmation on which direction the price is headed.
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If you found any value in this analysis please hit "like". Trade responsibly!