BNB has done a Impressive Pump Recently. But this is only a Preparation for more Bullish Movement! as you can see the Price was in a Symmetrical Triangle But the Break out has happened (Weekly Time Frame) and the Price has the potential to Increase as much as the Measured Price movement (AB=CD). another Thing is that If we Put a Crab pattern on the Chart(EX ret is 1.618 so it is reliable ), we can Understand that The Price is only half way of The Expected Bullish Movement! after reaching the top of the Pattern (around 950-1000$) a correction is Expected to happen up to 0.236 line of Fibonacci Retracement!
Summery: -BNB was in a Symmetrical Triangle and now is in a Crab Pattern! -It can Reach 950$ -a correction is expected after that!
💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea . Have a nice day and Good luck
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.