jbcal

BNB Time to go!

Long
jbcal Updated   
BINANCE:BNBUSDT   Binance Coin / TetherUS
Whale alert via twitter has 100's of millions of bnb moving from exchange, to private wallet so i took a look....Inverse head and shoulders pattern is plain to see. I think this is a slam dunk. The risk is if price falls below the head. However, i think it very unlikely we even make it beyond the left shoulder and if we do that would be concerning. Measured move for the inverse h/s is the first green line, fib ext levels on the last leg are also likely targets IMO...GL
Comment:
looking good so far, price should stay above the trend line now...exit if we fall and trade below on the close
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