So, from above we have the H&S pattern — very dangerous situation, with a target of 0.0002 (-x6) in the case of broke of the level of shoulders. However, on the historical data, as you can see, BNB always came out the winner. It is also a very dangerous indicator of the whole market — if BNB goes under the shoulders level, it means a strong and long bearish trend for the all crypto
Note
Yeah! BNB did it. againH&S pattern is not valid any anymore. The big uptrend is here
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.
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.