BNB-BTC Inv-H&S in the making?
Here is BNB set up I see. (Target=0.006 BTC)
Inv-H&S (Continuation pattern) in the making on Daily chart, volume looks very healthy and RSI comfortable in the neutral zone.
Plenty of support below (multi-60 EMA ribbon giving very good support range), also 60-EMA in yellow is holding price very well.
Caution:
> If BNB breaks below 0.0035-0.0033 BTC range then this pattern might be invalidated (I will try to keep this post updated)
> This is a long term set up so have patients and wait for this pattern to mature.
Inv-H&S (Continuation pattern) in the making on Daily chart, volume looks very healthy and RSI comfortable in the neutral zone.
Plenty of support below (multi-60 EMA ribbon giving very good support range), also 60-EMA in yellow is holding price very well.
Caution:
> If BNB breaks below 0.0035-0.0033 BTC range then this pattern might be invalidated (I will try to keep this post updated)
> This is a long term set up so have patients and wait for this pattern to mature.
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