Binance Coin Is Back To All-Time Highs As Anticipated due to impulsive rally that needs to be finished by a five-wave cycle.
We have been talking a lot about bullish Crypto market in the last two years, but today we will focus on Binance coin with ticker BNBUSD. BNB was clearly in a corrective consolidation within uptrend for the last two years and we have been warning a lot about that. We also shared an article here on Talkmarkers back on February 15, where we mentioned and highlighted a completed larger corrective triangle consolidation in wave (4) that can push the price back to all-time highs for wave (5). CLICK HERE
As you can see today after 4 months or so in the updated chart, BNB is in an impulsive rally for the 5th wave as expected and it’s currently breaking all-time highs, which can send the price even up to 1000 area or higher, just be aware of short-term corrective pullbacks.
Become a premium member
Get daily Elliott Wave updates for some major Digital currencies, FIAT currency markets, major stock indexes, gold, silver, crude etc. or apply for unlimited access to the Elliot Wave educational videos.
AUDNZD Is Showing Weakness That Can Resume After A Pullback. Check our free chart HERE.