Binance Coin (BNB) against Bitcoin (BTC) has been in consolidation for a while now, an ending diagonal may have formed if my Elliott Wave count is correct. To spot the end of the trend, look for a break above the diagonal trend line and retest and/or RSI trend line break.
DO NOT LONG RIGHT NOW
We still need to complete Wave 4 and Wave 5 of the ending diagonal's Wave C.
DO NOT LONG RIGHT NOW
We still need to complete Wave 4 and Wave 5 of the ending diagonal's Wave C.
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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.