Binance coin - BNBUSDT - EW analysis - 5th wave up or correction
BNBUSD - Based on Elliott wave analysis, two counts possible, where either it is in 5th wave after 4th wave triangle finished, which will confirmed once the price crosses above 340.25 as D subwave of triangle, OR it is in WXY correction of 4th wave and X wave is in progress. Based on both probability until price remains above 340.25, it is considered to be bullish and can go for new high as 5th wave, if the up move confirmed as impulse in 60 min time frame.
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