BNB can reach $100 in this summer. Mid-term prediction.
BNBUSDTBNB is a strong coin, supported by world's biggest exchange - Binance. BNB entered a massively gaining on 1st quarter of the year 2019 due to lots of good news related to Binance exchange, such as IEO releasing, a lauching of new binance chain and a new dex (decentralized exchange). The rise of BNB recalls me the BTC bull run in last December 2017, that made BTC's price reached it top high near $20000. BNB has more room to go hard this year, we can say 2019 is the year of BNB, and will see it break all last records.
From my EW (Elliott Waves) count, BNB entered first leading diagonal impulse wave between the last month of 2018 and 2 first months of 2019. The 2nd wave lasting only 1 week in the end of this Feb.. Till now BNBUSDT is running to the end of third wave, it broke last top high (at $25 - $27) and may have a leg up to $42. Due to quick 2nd wave correction, the 4th wave will form a zig zag pattern, this wave is highly likely ended at 61.8% correction of 3rd wave ($18.8), estimation time for this correction is 1 month. Last impulse wave of BNB bull run in this year will start at the earlier of this summer, with final target for BNB is at $105 (related to Fib. extension 4.236 level).
We can go long at this price to $42 then short followed the correction, and open another long at around $20 to catch the fifth wave.
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