Hello Traders,
I'm excited to share my analysis on BNBUSDT using the weekly timeframe.
Looking at the right chart on a standard scale, it's easy to feel confused 😕 as the broader picture is hard to see. However, switching to the logarithmic scale on the left chart, patterns and channels become much clearer. From this perspective, I anticipate that BNBUSDT could reach the $4000 to $7000 range around 12 to 24 months after breaking the resistance at $650.
This analysis is focused on a long-term investment or a long position. I’d love to hear your insights and thoughts on this!