KABOOOOOOM!! Binance (BNB) Surges >1,100% from Recommended $0.98 to $11.21!! Check Out What's Next!!

SUMMARY

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Two months ago, I had recommended Binance (BNB) when it was barely over $1 and had targeted $3.40. The below chart was used:

On the shorter term, I believe the wave 4 correction is nearly complete. This is in the form of a bull flag pattern acting as a fractal to the earlier and a bit smaller bull flag. I believe that wave 5 can be expected to take the price to $15.76 or higher!!

Here is the longer term perspective that can help distinguish between the "Forest" and the "Trees". The longer term target is $47.82

Here is the BNB/BTC pair chart and the left side shows a classic impulse of five waves. Since Elliott Waves states that after five waves, there is a requisite a,b,c correction; except that the downward symmetrical pattern is counted as a,b,c,d,e waves. The Elliott Waves shows one more higher high as being probable. The target is 79119 Satoshi. Once these five waves are complete, another round of correction can be expected.

Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?

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Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.**