BNB looking weak after bearish H&S formation
BNBUSD formed a nice H&S (head and shoulder) formation, broke down and now retesting the neckline. Notice the decreasing volume on rise from beginning of August which shows weakness.Neckline around 288 seem like a good place to short and we might see 225 or lower levels in days to come.
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Disclaimer: Do your own due diligence for buy/sell decisions.
Disclaimer: Do your own due diligence for buy/sell decisions.
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