Binance Coin

BNB Count changed, wave 4 underway

96
Price completed a macro wave 3. Wave 4 is expected to end at the 0.382 Fibonacci and may not extend below the 0.5. Crypto assets can overextend in wave 5, which I believe we will see over the next year.

ave 4 is underway testing the previous all-time High Volume Node and 0.236 Fibonacci retracement zone. Price remains in an uptrend.

🎯 Terminal target for the business cycle could see prices as high as $2000, the R5 weekly pivot

📈 Weekly RSI printed bearish divergence from overbought and is already resetting below the EQ. It rarely gets oversold.

👉 Analysis is invalidated below the weekly pivot and 200EMA

Safe trading

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