FieryTrading

BNB Massively Undervalued? $10,000 Potential!

Long
BINANCE:BNBUSDT   Binance Coin / TetherUS
BNB has been making some extraordinary moves last cycle, where it bottomed around $4.5 and made it to $700 during the next top.

Looking at the chart, we can clearly see that BNB follows a bullish channel pattern. My assumption is that this channel will hold and that BNB will make a move towards the top of the channel.

$10,000 is possible, it's a "mere" +5,000% move from bottom to top, as opposed to last cycle's +16,000%.

Are you bullish on BNB? Share your thoughts.

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