This is the twelve hour BNB chart. It shows higher lows and a clear neckline, if price action breaks below the neckline bearish outlook can follow. The difference between the neckline and the head gives a standard idea of the minimum entry. BNB does have a burn in the month of April as well as being the coin of the 2nd biggest exchange.
Comment:
Comments welcome.
Comment:
Hopefully everyone has survived the FUD! 4hr RSI still beaten way down over most coins even a 4hr bounce in the downtrend can result in good profit taking.
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