BNB has completely outperformed in this bear market, at time of writting this post bnb is retesting its ATH. The price uptrend is backed by the strong fundamentals and high earning margins of Binance exchange, which managed to make $480M in 2018.
However , based on TA perpective i am guessing that the price action haven't seen the major correction which is the part of every market cycle. Based on elliot count i am seeing a sharp dropdown from current price to reach my targets.
This bearish opinion will be invalidated if we manage to break ATH.
I seriously hope that it break its ATH and start the next crypto bull run.
i'll really appreciate if you would leave a like.
I have started posting charts for Forex and Stocks as well , you can check them below
However , based on TA perpective i am guessing that the price action haven't seen the major correction which is the part of every market cycle. Based on elliot count i am seeing a sharp dropdown from current price to reach my targets.
This bearish opinion will be invalidated if we manage to break ATH.
I seriously hope that it break its ATH and start the next crypto bull run.
i'll really appreciate if you would leave a like.
I have started posting charts for Forex and Stocks as well , you can check them below
