CryptoPivots

BNB: Possible H&S pattern

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BINANCE:BNBUSDT   Binance Coin / TetherUS
BNB was uptrend for a while but then broke the trend when it closed below the 416 Support. Now MFI on the hourly is in a buying zone. I expect a right leg up to 430. From there it can either continue to go up breaking 440 and form a new uptrend or reverse and follow a H&S pattern. Right now I would go long with a sl at 405.

Happy trading!!

((Not a financial advice. Trade at your own risk))
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