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afterdarq
Jan 9, 2018 9:45 AM

BNBETH possible head and shoulders pattern Short

Binance Coin / EthereumBinance

Description

BNBETH forming a possible head and shoulders pattern visible on the 1 & 4hr charts. A bearish divergence is also visible as the "head" in the pattern is with a lower RSI than the left shoulder. If ETH continues the bull rally this pattern will most likely materialize and we could see a retracement to the previous strong support level.
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