InvestingScope

BNBUSD: Triangle on the verge of breaking downwards. Short.

Short
BINANCE:BNBUSD   Binance Coin
BNBUSD is about to cross the 1D Triangle (RSI = 37.445, Highs/Lows = -0.2892) to the downside, an event that will create a new Channel Down pattern on accelerated pace (MACD = -0.138, B/BP = -0.5823). Mid level TP set: 8.8857, 8.2522 (support levels), long term TP = 7.5154, wich will make an excellent Lower Low for the long term underlying bearish pattern of the 1W Channel Down (Highs/Lows = -0.3225).

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