BNB Set to Rise for the “E” Wave of the Pattern
2024-09-27

BNB Set to Rise for the “E” Wave of the Pattern

BNB is currently moving within a well-defined ascending channel, and the price is poised to rise for the next “E” wave of the pattern. 
Given that BTC is also well-positioned for a bullish movement, it is likely that BNB will continue its bullish price development.

 However, if the price breaks down from the channel today during the release of the US PCE data, it could open the door for a bearish scenario. 
While the future is uncertain, it is wise to be prepared for both bullish and bearish moves. 


 You may find more details in the chart!
Thank you and Good Luck!

❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️