To infinity & BYON - $375-$660
BYON is replicating the same fractal from 2012-2018 but on a grander scale
It has reached the end of its downtrend (B) and will soon resume Wave C - of equal length to A.
In the short-term BYON is about to cross above a steep downtrend line (yellow), just like it did in May 2012 and April 2020.
RSI is incredibly oversold on all timeframes (38 on 3D, 32 on W) but will soon exit the RSI bear zone (in red).
Target of $375 (38x from current levels of $10.11) coincides with the 1.272 fibonacci level
Extended target of $660 (66x from current levels) translates to 1.414 fib.
Time target is flexible but around June 2026 will likely be a great time to exit, if targets are met.
Last time out in Feb 2018, BYON hit 1.414 fib in Wave C.
Simple stop-loss of $8,a break-down from current levels.
BYON by name, Beyond by nature!
Thanks for reading.
P.S. If you like the RSI Bull/Bear Thresholds indicator at the bottom of the screen, drop a comment below. It will soon be made available for a small audience of users for a reasonable fee.