davuddadar

BNB at tipping point

Short
BINANCE:BNBUSD   Binance Coin
BNB has formed a fractal formation of flat-top triangle with a head and shoulders at the end. Both are bearish signals.
I expect a retest of previous low of $230, but if it can get a strong bounce at around $265, there might be a retest of $320.

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.