So the large inverted cup and handle (1) came out confirmed. The push for BTC and the resulting altpocalypse, plus the Binance hack were definitely factors.
so where next?
There was a second smaller IC&H (2) on the way down that had similar volume properties to the first. Added to the 1st one that takes it down even further.
whilst BTC remains dominant BNB is difficult to call but my gut tells me a big drop in BTC will see a corresponding big boost for BNB.
If this behaviour is shown it would go some way to showing a symbiotic relationship between the two, suggesting we long BTC when we short BNB and vice versa.
thanks for looking :)
so where next?
There was a second smaller IC&H (2) on the way down that had similar volume properties to the first. Added to the 1st one that takes it down even further.
whilst BTC remains dominant BNB is difficult to call but my gut tells me a big drop in BTC will see a corresponding big boost for BNB.
If this behaviour is shown it would go some way to showing a symbiotic relationship between the two, suggesting we long BTC when we short BNB and vice versa.
thanks for looking :)
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。