BNB - simple patterns analysis
2024-10-10

BNB is currently forming an inverse head and shoulders pattern.  

The initial attempt to break through the head and shoulders pattern  failed , leading to a sharp decline in price.

Now, we are witnessing a second attempt to break through the neckline of the inverse head and shoulders. If successful, the first target would be the  previous all-time high . If not, the downward momentum may persist, pushing prices further down through the parallel channel.

  CRYPTOCAP:BNB   