InvestingScope

New bearish break out. Short to March's bottom.

BINANCE:BNBUSD   Binance Coin
BNBUSD has broken through the previous Rectangle and as seen on the chart is trading purely on repetitive patterns. 1D is near an oversold condition (RSI = 25.948, Highs/Lows = -3.1444, B/BP = -4.9294) and should look for a minor pull back (~ 11.000) before testing the March bottom = 6.97. Our TP on this bearish run is 7.5154.

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