So I had another closer look at BNB using the 10.618 secret.. and I found some even higher targets on BNB up to 2000 USD
what i did:
assuming it is going to stay in the channel
I drew lines on all 3 / 9.618 targets to see where approx they will hit the top of the channel. then i used the Trend based Fib Time tool to see if i can nail down the time as well.
For the starting point i choose the first pump candle. 2nd i take the approx point where the highest target hits the top of channel and the 3rd point i put also at the same point with the first pump candle. same as the starting point.. it gives us 3 vertical fib time lines.
further i copied the pattern of the existing candle history and stretch it out in the channel to match the tops with the future targets and vertical time lines.
this could be a real possibility as market often moves in 5 waves.. on this chart you can clearly see 5 waves.
i am not saying this has to play out exactly the way i see it but I see stuff and I share it. This is not financial advice and only for educational purpose so you do with it whatever you please.. it will be very interesting to see if and how this plays out..
Note that the tops could be anywhere between the 9.618 and the 10.618 so this might not be 100% accurate but should be pretty close. very curious to see this evolve..
I already had a active BNB idea but because I obviously have found additional more interesting stuff I decided to create this additional idea so we can track it nicely with the play button instead of just updating the old idea with an image..
In case you wanna check out the old idea with the 1000 USD target you find it here
what i did:
assuming it is going to stay in the channel
I drew lines on all 3 / 9.618 targets to see where approx they will hit the top of the channel. then i used the Trend based Fib Time tool to see if i can nail down the time as well.
For the starting point i choose the first pump candle. 2nd i take the approx point where the highest target hits the top of channel and the 3rd point i put also at the same point with the first pump candle. same as the starting point.. it gives us 3 vertical fib time lines.
further i copied the pattern of the existing candle history and stretch it out in the channel to match the tops with the future targets and vertical time lines.
this could be a real possibility as market often moves in 5 waves.. on this chart you can clearly see 5 waves.
i am not saying this has to play out exactly the way i see it but I see stuff and I share it. This is not financial advice and only for educational purpose so you do with it whatever you please.. it will be very interesting to see if and how this plays out..
Note that the tops could be anywhere between the 9.618 and the 10.618 so this might not be 100% accurate but should be pretty close. very curious to see this evolve..
I already had a active BNB idea but because I obviously have found additional more interesting stuff I decided to create this additional idea so we can track it nicely with the play button instead of just updating the old idea with an image..
In case you wanna check out the old idea with the 1000 USD target you find it here
