Hello Traders,
Binance seems to be creating a top pattern of an header and shoulders, probably the bull need to arrest from the long upward trend.
However, we can see that there is a strong support at the 16 dollars. What is an excellent point to expect an reversion in case of a pullback and is the perfect point to open long position with an small risk and a large expected profit.
Please, if you enjoy our analysis push the like bottom. You are welcome to follow us.
Best regard, Sandro and Gustavo.
Binance seems to be creating a top pattern of an header and shoulders, probably the bull need to arrest from the long upward trend.
However, we can see that there is a strong support at the 16 dollars. What is an excellent point to expect an reversion in case of a pullback and is the perfect point to open long position with an small risk and a large expected profit.
Please, if you enjoy our analysis push the like bottom. You are welcome to follow us.
Best regard, Sandro and Gustavo.
