Binance Coin (BNB) against Bitcoin (BTC) has been in consolidation for a while now, an ending diagonal may have formed if my Elliott Wave count is correct. To spot the end of the trend, look for a break above the diagonal trend line and retest and/or RSI trend line break.
DO NOT LONG RIGHT NOW
We still need to complete Wave 4 and Wave 5 of the ending diagonal's Wave C.
DO NOT LONG RIGHT NOW
We still need to complete Wave 4 and Wave 5 of the ending diagonal's Wave C.