Expected forecasts for pair #BNBUSDT on the hourly time frame
Potential reversal ⚡️
👉 After completing a bullish impulse wave, followed by a corrective flat pattern representing wave (2)/(B), the price is now moving within wave C, which acts as a sub-wave of this bearish structure. Based on that, we expect the following:
* A decline within wave C of wave (2)/(B).
* This bearish wave may reach the area of 862.74 - 847.87, which represents a potential reversal zone. 〽️
* If the price reverses from this area, it may be followed by a subsequent bullish trend.
⚠️ A break below the level of 801.70 will invalidate this bullish scenario.
BNBUSDT
Perp
915.08
+2.28%
