Binance Coin / Bitcoin

BNB/BTC Inverted cup and handle - part III

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I know nothing, for information purposes only.

Still charting the original IC&H formation. Have now plotted the upper and lower resistance trend-lines down to the potential bottom.

To further confuse matters a second structure that could be interpretted as IC&H appeared on the way down.

BNB is still a refuge for people who dont want to use stablecoins when BTC drops and this has a big impact on the reliability of this kind of trend plotting.

Continuing to watch and update :)

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