We talked about Binance coin with ticker BNBUSD on July 08, where we mentioned and highlighted the completion of a bullish triangle pattern in wave 4 that can extend the rally within 5th wave towards 1000 area. CLICK HERE
As you can see today on Jul 29, BNBUSD is nicely breaking out of projected wave 4 bullish triangle pattern into 5th wave as expected, and there can be room up to 1000 area, potentially up to 1100 – 1300 Fibonacci and triangle target area, just watch out on short-term pullback.
Even if we take a look at BNBBTC pair, we see space up to 0.010 – 0.012 resistance area for wave (C) of an (A)(B)(C) correction within blue wave B.
NEW US Single Stocks Service (And Its Free!!)
Get Elliott Wave US Single Stock Report for some big names and companies