BNB down to 150 ?
BNB seems to be ready for a downside breakout from a 3-month-long Head and Shoudlers formation.
After a successful downside breakout from a descending triangle, the H&S formation is completed. The volume is matching and the RSI as well.
A minimum implication of this breakout will take the price down at least 40% to the 150 support level.
After a successful downside breakout from a descending triangle, the H&S formation is completed. The volume is matching and the RSI as well.
A minimum implication of this breakout will take the price down at least 40% to the 150 support level.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.