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CoinGape

CoinGape

BNB price has formed a rare cup and handle pattern on the weekly chart. Coin could surge by 94% to $1,200 if the pattern works out

CoinGape
Summary
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60% Informative

Binance Coin was trading at $ 616 on Tuesday, November 19 , up by 240% from the year-to-date low, bringing its market cap to over $88 billion .

In technical analysis, BNB price has formed a rare cup and handle pattern on the weekly chart.

The pattern is characterized by a rounded bottom and some consolidation or a pullback at the upper side.

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40

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English

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short-lived

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