Binance Coin has become overbought on the 1D timeframe (RSI = 85.874, MACD = 52.260, ADX = 67.821), even the 1W RSI (85.874) is off the charts, and it is natural since it is on a hyper strong rally that is approaching its All Time High. The 1W MA50 will now support throughout the whole parabolic rally and the ramainder of the Bull Cycle, as it did in the two Cycles prior.
The peaks can be caught very effectively by the Sine Waves and the next is expected to be towards the end of 2025. Every High has been a +0.5 Fibonacci higher, the next is 2.0, so a new peak around 15000 shouldn't be considered unrealistic at all for the coin of the world's largest exchange.
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The peaks can be caught very effectively by the Sine Waves and the next is expected to be towards the end of 2025. Every High has been a +0.5 Fibonacci higher, the next is 2.0, so a new peak around 15000 shouldn't be considered unrealistic at all for the coin of the world's largest exchange.
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## Comments and likes are greatly appreciated. ##
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Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial
investingscope.com
Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.