Binance Coin / Bitcoin
Short

BNB/BTC Inverted cup and handle - part III

139
I know nothing, for information purposes only.

Still charting the original IC&H formation. Have now plotted the upper and lower resistance trend-lines down to the potential bottom.

To further confuse matters a second structure that could be interpretted as IC&H appeared on the way down.

BNB is still a refuge for people who dont want to use stablecoins when BTC drops and this has a big impact on the reliability of this kind of trend plotting.

Continuing to watch and update :)

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.