April 7, 2026

BNB/USDT inverse head & shoulders (long)

BNB/USDT inverse head & shoulders (long)

BNB/USDT inverse head & shoulders (long)

BNB/USDT inverse head & shoulders (long)

BNBUSDT Perpetual Contract BYBIT:BNBUSDT
TylerPhilip


BNB/USDT inverse head & shoulders (long)

following the FOMC meeting and widespread uncertainty, BTC was marked-up to a high of +12% over the past week and currently sits up +9%. uncertainty remains, but the recent price action suggests that it is safe to buy dips for another leg up. BNB appears to have been undergoing a 3 month accumulation period and is showing a potential inverse head & shoulder pattern on higher timeframes. for a risk-averse trade, i’d like to see BNB come down to make a more pronounced right shoulder before breaking out of the range to test resistance. entry is based on left shoulder and horizontal support, stop-loss is below the bottom of the range, and tp is at first anticipated resistance. if strong support is demonstrated at the trend line , i will consider splitting the entry in half and buying a bounce near the trend line .

Previous Article

short term bullish

Next Article

BNB/USDT inverse head & shoulders (long)

You might be interested in …

ADAUSDTP

ADAUSDTP

ADAUSDTP Cardano / TetherUS PERPETUAL FUTURES BINANCE:ADAUSDTPERP Saifullah07 Ada is breaking trend line now we can watch some bullish trend now target is mntion in chart soon we can watch.

BITCOIN 4H TA: 2022-06-03 update

BITCOIN 4H TA: 2022-06-03 update

Bitcoin 4H TA: 2022-06-03 update Bitcoin / TetherUS BINANCE:BTCUSDT AtonicShark As we can see in the chart, the static and dynamic support line has reached the trend, now if the line is broken, the process […]

$APE Coin to $50!

$APE Coin to $50!

$APE Coin to $50! ApeCoin / USD FTX:APEUSD Tiedeyez $APE Coin to $50! Does it happen? Let’s see. In this case, it’s a play out of as many macro ideas as I could think of […]