Technical Analysis

Binance Coin Is Back To All-Time Highs As AnticipatedJun 6, 2024

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

Binance Coin Is Back To All-Time Highs As Anticipated
BNBUSD Weekly Chart From February 15 2024
BNBUSD Weekly Chart From February 15 2024

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.

Binance Coin Is Back To All-Time Highs As Anticipated
BNBUSD Weekly Chart From February 15 2024
BNBUSD Weekly Chart From June 05 2024

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