BNB box bumpy
BNB H&S in August has not yet fallen to the target price of 215.6, and a box is formed between the support range of 253~259 and 300.
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Currently BNB is at 275, which is also the neckline range of the H&S. If the price breaks above 275, there is a chance to come to the upper edge of the box again (near 300) and there is a chance to short BNB (the stop loss is set at 307.5 on the right shoulder of the H&S).
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If BNB falls below the lower edge of the box, pay attention to the support below:
238.7
215.6
These two supports are also the key price levels of the previous consolidation pattern ; 215.6 is also the target price for the H&S.
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-
Currently BNB is at 275, which is also the neckline range of the H&S. If the price breaks above 275, there is a chance to come to the upper edge of the box again (near 300) and there is a chance to short BNB (the stop loss is set at 307.5 on the right shoulder of the H&S).
-
If BNB falls below the lower edge of the box, pay attention to the support below:
238.7
215.6
These two supports are also the key price levels of the previous consolidation pattern ; 215.6 is also the target price for the H&S.
-
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