Binance with Bitcoin and Ethereum via Shutterstock

Binance Coin Extends The Rally As Anticipated

Gregor Horvat Wavetraders Tue Jul 29, 4:42AM CDT
Binance with Bitcoin and Ethereum via Shutterstock

We talked about Binance coin with ticker BNBUSD on July 08, where we mentioned and highlighted the completion of a bullish triangle pattern in wave 4 that can extend the rally within 5th wave towards 1000 area. CLICK HERE

As you can see today on Jul 29, BNBUSD is nicely breaking out of projected wave 4 bullish triangle pattern into 5th wave as expected, and there can be room up to 1000 area, potentially up to 1100 – 1300 Fibonacci and triangle target area, just watch out on short-term pullback.

Binance Coin Extends The Rally As Anticipated BNBUSD Daily Chart
BNBUSD Daily Chart
www.wavetraders.com

Even if we take a look at BNBBTC pair, we see space up to 0.010 – 0.012 resistance area for wave (C) of an (A)(B)(C) correction within blue wave B.

Binance Coin Extends The Rally As Anticipated BNBBTC Weekly Chart
BNBBTC Weekly Chart
www.wavetraders.com

For a detailed view of the Crypto market and more analysis like this, you may want to watch below our latest recording of a live webinar streamed on July 28 2025:

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