Binance Coin / Bitcoin

BNBBTC - LONG setup

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BNBBTC on the daily timeframe marked has formed a nice M formation, in which we expect the pattern to complete at the neckline giving us an upside target.... dropping down to lower timeframes we can see market has just formed this nice inverted head and shoulders pattern giving us more bullish confluence, i am waiting for a break and close above this level of resistance from a 1hr perspective before possibly looking for a valid entry to long.

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