First of all, you should know that this is not a buy/long setup!
It is time for BNB holders to stop holding for the next 5 to 7 months, as a major bullish wave in Binance Coin appears to have ended based on its structural analysis.
The large pattern is either a diametric or symmetrical formation, where the bullish wave E has completed, and the price is now in wave F.
If the price reaches the red box zone, it could enter a bearish trend for the next 5 to 7 months in order to complete wave F.
This is the current outlook we have on Binance Coin on higher timeframes.
If you have a coin or altcoin you want analyzed, first hit the like button and then comment its name so I can review it for you.
Do you also think BINANCE COIN is bullish?
It is time for BNB holders to stop holding for the next 5 to 7 months, as a major bullish wave in Binance Coin appears to have ended based on its structural analysis.
The large pattern is either a diametric or symmetrical formation, where the bullish wave E has completed, and the price is now in wave F.
If the price reaches the red box zone, it could enter a bearish trend for the next 5 to 7 months in order to complete wave F.
This is the current outlook we have on Binance Coin on higher timeframes.
If you have a coin or altcoin you want analyzed, first hit the like button and then comment its name so I can review it for you.
Do you also think BINANCE COIN is bullish?
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
✅ Join our Telegram channel to succeed in crypto trading.
💎Our CRYPTO Telegram Channel: 👉 t.me/Behdark_EN
💎Our FOREX Telegram Channel: 👉 t.me/FX_Behdark
💎Our CRYPTO Telegram Channel: 👉 t.me/Behdark_EN
💎Our FOREX Telegram Channel: 👉 t.me/FX_Behdark
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.