Thoughts on #BNB
$BNB is looking bullish, with an inverse head and shoulders forming on the 4H. The head sits near $705, the right shoulder is in around $724, and $BNB is now pressing into the neckline (~$752-$760). The volume profile shows $BNB leaving the heavy trading zone and approaching a low volume node, so the move through it could be fast.
A 4H close above the neckline would confirm the pattern, with the measured move pointing to ~$810.
$BNB is looking bullish, with an inverse head and shoulders forming on the 4H. The head sits near $705, the right shoulder is in around $724, and $BNB is now pressing into the neckline (~$752-$760). The volume profile shows $BNB leaving the heavy trading zone and approaching a low volume node, so the move through it could be fast.
A 4H close above the neckline would confirm the pattern, with the measured move pointing to ~$810.