BNB (Binance Coin) looks like it is about to enter price discovery soon.

The first retest of the ATH resistance ended in a $180 drop on the first try. Then it stabilized on green support.

The second try might start any day now. If BNB can break through and retest from above, the price targets are $1000+... The target of the Cup pattern is $1200.

Feel free to use and share my charts, but please mention me, @ew-and-patterns as the author. Otherwise it is considered plagiarism and I will flag you and advise my friends to do the same.

Please consider leaving a comment, like or rehive, if this post entertained you or helped you see things differently...

Have a nice day :-)

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