This chart is the BNBUSD in the Daily time frame. Overall this crypto currency is buy in the dips.
For this chart we are using Elliott Waves technical analysis to pin point the current price sideways consolidation and short term direction. Based on few Fibonacci Extensions odds are good price is currently on lesser degree wave 4 as a triangle and while above the short term invalidation level of 448’s we should see another extension towards the 590’s 690’s zone to complete 5 waves from the 212 lows the 23rd of May. Overall bias Strong Bullish