Binance Coin Analysis
Hello guys.
BNB holding above strong horizontal support and also rejecting from the descending trend-line resistance.
It might create an inverse head and shoulder pattern, if it breakout trend-line resistance, then that would be a bullish sign for BNB and if it breakdown the horizontal support with a bearish candle close below it, then that would be a bearish sign for BNB.
So we've to keep an eye on breakout or breakdown to confirm it's next direction.
BNB holding above strong horizontal support and also rejecting from the descending trend-line resistance.
It might create an inverse head and shoulder pattern, if it breakout trend-line resistance, then that would be a bullish sign for BNB and if it breakdown the horizontal support with a bearish candle close below it, then that would be a bearish sign for BNB.
So we've to keep an eye on breakout or breakdown to confirm it's next direction.
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