TradeCentral_IN

BNB looking weak after bearish H&S formation

Penjualan
BINANCE:BNBUSD   Binance Coin
BNBUSD formed a nice H&S (head and shoulder) formation, broke down and now retesting the neckline. Notice the decreasing volume on rise from beginning of August which shows weakness.

Neckline around 288 seem like a good place to short and we might see 225 or lower levels in days to come.

Be a Better Trader!

Disclaimer: Do your own due diligence for buy/sell decisions.
Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.