28/08/2022
Binance coin is now trading in a corrective framework after it completed the impulsive wave 1 with five clear waves, which started from183.4 and ended at 336.5 to start the corrective wave 2 which targets 78% retracement of wave 1. The critical limit that ensures price trading above is 183.4
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Wave (4) is a complete flat pattern, and wave C of it is an ending diagonal, we expect a sharp and a thrust move higher in wave (5)
03/09/2022
It takes an ascending impulsive wave 5 of (3), after the wave 4 ended at 183.4, to target the peak of the wave 3 as a first target, and the critical limit that supports this rise is 183.40.
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As we mentioned in the monthly chart, we expect wave 5 of (3) to record 1200$
Expecting wave (5) of ((3)) to record 1200$