#BNB update
▪️Remember, I wrote about the BNB Head and Shoulders pattern, which has now completed its formation, but has not completed its development.
▪️According to the standard lessons of technical analysis, such patterns work out down and the targets of $248 on BNB.
▪️We have an active counter-trend marked it as (bearish trend) see chart. We also have a divergence on the indicator below, which gives a bullish signal on the 4H timeframe.
▪️I drew as many as 3 options for working out:
1) This is a reversal from the current ones and a trend change + subsequent growth
2) This is a protracted correction with a change in trend + subsequent growth
3) This is a (red) option, if we are not allowed to go beyond the trend line, we will lower the peaks and thus come to fibo support at $248
▪️All this needs to be supported by the analysis of BTC, SPX, INDEX DOLLAR
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▪️Remember, I wrote about the BNB Head and Shoulders pattern, which has now completed its formation, but has not completed its development.
▪️According to the standard lessons of technical analysis, such patterns work out down and the targets of $248 on BNB.
▪️We have an active counter-trend marked it as (bearish trend) see chart. We also have a divergence on the indicator below, which gives a bullish signal on the 4H timeframe.
▪️I drew as many as 3 options for working out:
1) This is a reversal from the current ones and a trend change + subsequent growth
2) This is a protracted correction with a change in trend + subsequent growth
3) This is a (red) option, if we are not allowed to go beyond the trend line, we will lower the peaks and thus come to fibo support at $248
▪️All this needs to be supported by the analysis of BTC, SPX, INDEX DOLLAR
Don't be lazy subscribe to the channel, put like, add a comment!
