On the USD pair the double top will dominate in the short term, leaving price to fall a bit.
On this dip it would be a great time to enter.
This dip is shown on this analysis below
The BNBBTC pair looks very bullish, you could call the current structure in the bigger rectangle a double top, but if it were an extremely bullish case it could act as a bullflag.
BNB almost reminds me of the early BLX (Bitcoin) chart. Immense bull action with little bear downtime.
On this dip it would be a great time to enter.
This dip is shown on this analysis below
The BNBBTC pair looks very bullish, you could call the current structure in the bigger rectangle a double top, but if it were an extremely bullish case it could act as a bullflag.
BNB almost reminds me of the early BLX (Bitcoin) chart. Immense bull action with little bear downtime.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.