BNB: POSSIBLE HEAD AND SHOULDER! LOOKS BEARISH!!
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Welcome to this BNB update.
BNB is not looking good here. It is forming a head and shoulder-like pattern in a 4hr time frame which is generally a bearish pattern. BNB has important support at $272-$278 which is the neckline of this head and shoulder pattern. If it breaks below this support then we see more dump.
You can open a short position here with low leverage(2x-4x)
Invalidation:- Above $410
if you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
Welcome to this BNB update.
BNB is not looking good here. It is forming a head and shoulder-like pattern in a 4hr time frame which is generally a bearish pattern. BNB has important support at $272-$278 which is the neckline of this head and shoulder pattern. If it breaks below this support then we see more dump.
You can open a short position here with low leverage(2x-4x)
Invalidation:- Above $410
if you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
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