This is my first post. So would really appreciate support and guidance.
Following elliottwave theory, i see 2 possible paths for BNB depicted in this picture, yet both ends around in the same zone.
the first assume that the top seen around the beginning of 2018 was the top of wave 1, while the second count assumes that it did not yet achieve its first wave 1 up.
regardless, in both counts, BNB target zone lays between 280 and 700 USD.
I did not show all fibs and counts in here, trying to keep the chart simple and most importantly, readable.
Thank you for your comments.
PS: not a financial advice
Following elliottwave theory, i see 2 possible paths for BNB depicted in this picture, yet both ends around in the same zone.
the first assume that the top seen around the beginning of 2018 was the top of wave 1, while the second count assumes that it did not yet achieve its first wave 1 up.
regardless, in both counts, BNB target zone lays between 280 and 700 USD.
I did not show all fibs and counts in here, trying to keep the chart simple and most importantly, readable.
Thank you for your comments.
PS: not a financial advice