BNB/Tether
Long
Updated

BNB NEW UPDATE (4H)

1 435
This analysis is an update of the analysis that you can see at the bottom of this page, in the related analysis section

In the previous analysis, we specified an invalidation level of 2.8% for BNB from the supply range and announced that if this level is touched, the analysis will be violated. The invalidation level was touched and the previous analysis was violated.

In the previous analysis for BNB, we imagined a diametric correction for wave B, but the correction was a triangle.

BNB has completed a wave A and a wave B. It is now expected to have an upward wave C while maintaining the green swap range.
Trade active
As we said in the previous analysis, BNB is bullish. TP1 was hit. We have marked TP 2 on the chart

snapshot
Trade closed: target reached
snapshot

The intended move was made and TP 1 and TP 2 were hit

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