Binance BNB - Stronger than ETH! Best time to buy?
- As I mentioned in my previous analysis, BNB hit a new all-time high on the BNBBTC pair, which is an extremely bullish event!
- Also, BNB is stronger than ETH, and as per my analysis of the BNBETH pair, the uptrend should continue into next year.
- On the daily chart, we can clearly see a falling wedge pattern that has been destroyed by the bulls recently. Now we are "retesting" the pattern.
- My Elliott Wave analysis suggests that a major ABC correction has been completed and we have already started a new impulsive wave to the upside. Currently, we are in the second corrective wave.
- Binance coin is definitely a great choice and with an upcoming alt season, this altcoin will perform much better than Bitcoin.
- Look at my ideas about BNBBTC analysis and other promising altcoins in the related section down below.
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