Binance Coin / TetherUS
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BNB/USDT - LONG

260
Current consolidation means bears and bulls fight over the movement of the price.

In the chart you will see my idea about Eliot's Wave Theory supported by Fibonacci Retracement.

Everything is explained by the text boxes.

Personally opening a position after the Fibonacci correction we can see a price going up to the 3 mark of Eliot's Main Wave.

Stay tuned for updates.
Not
Support zone handled the bears and we now see a quick rebound and the targets are same.
Keep up to date with this idea by following me!
Not
First target reached. The price of BNB is increasing as BTC leads the way.
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Second target reached today, we see great cycle of rebound in most altcoins. Next target is past all time high.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.