BNB has been trading inside this rising wedge pattern for several months now. Rising wedges are classically bearish reversal patterns, so that's the direction that we're going to look.
BTC appears to be weak. If this weakness continues, I'm expecting a bearish break out of BNB in the near future. In case we get a bullish CPI reaction today, BNB might see a...
We have a double combination with a zigzag as the y-wave. It also seems to be creating a descending wedge which is going to be Bullish after the e-wave of wedge is completed. Base on Elliott wave 2th wave can't retrace more than beginning of the 1st wave ( 0.25170) so I assume that we have a wedge with a uncompleted e-wave. we have another possible trend line (...