Massive Breakout Coming for BNB? Eyes on 1250, 1700, 2300
BNBUSDT 1M
BINANCE COIN/TETHERUS Binance
Let's analyze Binance Coin's upcoming price potential.BNBUSDT, I expect an upward bullish trend in the long term.
I have three main targets in this analysis: $1250, $1700, and a final target of $2300. These targets could potentially be reached over a period of 2 to 6 years.
The price may form parallel channels along the way, which are shown on the chart. I also expect the current upward bullish channel to remain valid throughout this movement.
Many of the points and levels shown on the chart are based on personal experience, feeling, and over 7 years of research and daily study of crypto charts. Some of the lines, channels, and price zones are drawn to make the chart easier to understand and to help imagine possible future price movements.
I've also included one very big drop in price even bigger than the others because in the crypto market, it's common for prices to suddenly fall hard and push out small investors and traders with positions.
The targets on the chart are not guaranteed; they might be reached, or they might not.
$BNB DYOR NFA