BNB 12h. Down by $25 or up by $40?

1 dic 2020

As long as the price is in the range of $31.60-33.40, the formation of the "Triple Top" reversal pattern is probably ending.

At least for now, most of the necessary conditions are met:
- the first peak with the highest volumes
- the second peak is usually below the others
- the third peak is the high update, but the volumes are weaker than at the first peak.
- in general, the volume of the whole pattern is reflected by the U-formation.

The first targets of working out are $26.70 and $24.5-25.

If the price fixes above $33.40, then the way for growth will be opened to the zone of $40.