Binance Coin

BNB, Dynamic-Channel-Formation, How A Breakout Can Determine!

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Hi,

Welcome to this analysis about BNB, we are looking at the hourly timeframe perspectives. With BNB recently bouncing initially bullishly to the upside, it has formed some very interesting structures I detected that moved into this dynamic parallel ascending-channel-formation, within this channel BNB has formed this potential bull-flag marked in orange with the coherent wave-count within already completing the waves A to B in the structure and with the remaining wave C to develop next. When this wave C bounces sufficiently in the structure this can lead to a potential breakout above the upper boundary and when this happens it will be the origin of the further continuations as the channel confirmed as a bull-flag.

In this manner, thank you for watching the analysis and great contentment for everybody supporting, all the best!
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