Binance Coin/Tether
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BNB IS VERY BULLISH (1W)

Previously, for BNB, we considered a diametric, but the conditions of the waves are such that it seems that we are inside a triangle.

It seems that we are now in the final wave of this triangle, the E wave.

Based on the signals we have on the chart, we think $207 is the absolute bottom for BNB!

By maintaining the key level, which is $207, it can move towards the targets.

Our stop is the close of two weekly candles below $207. Further confirmation is when RSI resistance is broken above
Сделка активна
break out is confirmed

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Заметка
We analyzed BNB from a price of $238 toward a target of 8K.
At the time, many considered this analysis foolish, but it is still valid.

We will update the BNB analysis soon

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