BNB - simple patterns analysis
BNB is currently forming an inverse head and shoulders pattern.
The initial attempt to break through the head and shoulders pattern failed, leading to a sharp decline in price.
Now, we are witnessing a second attempt to break through the neckline of the inverse head and shoulders. If successful, the first target would be the previous all-time high. If not, the downward momentum may persist, pushing prices further down through the parallel channel.
BNB
The initial attempt to break through the head and shoulders pattern failed, leading to a sharp decline in price.
Now, we are witnessing a second attempt to break through the neckline of the inverse head and shoulders. If successful, the first target would be the previous all-time high. If not, the downward momentum may persist, pushing prices further down through the parallel channel.
BNB 
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Penafian
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