Update 🔎 💵 BNB/USDT - 1D TimeFrame $BNB As I suggested earlier 🔗, the asset has completed the formation of a converging ABCDE triangle, belonging to the older 4th wave ✔️. From the level of $520.2, I recommended to start a set of new spot positions, so if you listened to me and bought some BNB coins 🪙 - do not sell them in any case, because the nearest growth target is the psychologically important level of $1,000.
After the completion of the upward 5-wave impulse ⏫, the asset began a corrective movement, which took the form of ABC zig-zag. Apparently, the top of wave A has already been set ✔️, and the current growth belongs to B. You can start buying the asset after reaching the zone 0.5-0.618 ($0.00000414-$0.00000263) by Fibonacci.
After the completion of the upward 5-wave impulse ⏫, the asset began a corrective movement, which took the form of ABC zig-zag. Apparently, the top of wave A has already been set ✔️, and the current growth belongs to B. You can start buying the asset after reaching the zone 0.5-0.618 ($0.00000414-$0.00000263) by Fibonacci.
The movement of the asset is taking place within the corrective ABC zig-zag ⚡️. The coin is close to the completion of the senior wave B, after which the main growth in C 📈 will begin. A price drop below $0.0710 will mean that the downtrend is still not broken and in this case, a set of new long positions should be taken after reaching the $0.0550-$0.0450 area. 🎯 The main upside target is 0.618-0.786 ($0.4605-$0.7775).