Technical analysis by ColdBloodedCharter about Symbol BNB: Buy recommendation (23 hour ago)

Going thru some weekly charts and BNB immediately stands out with this gigantic multiyear CUP & HANDLE which broke out mid-July, actually. Cup&Handle's rough estimate target would be slightly above $1220 but its obviously very late for this especially with accumulated late longs that are showing on the attached Liquidation Heatmap between $950 and $985. So that's likely where we are heading once this ongoing WAVE 5(5) is finished. Obviously today will be the highest weekly candle close and we only have to find out what kind of a rejection wick will be on that candle. I'm starting to take profits from here up to $1200 as the RSI is starting to overheat (76.5 atm), there could be just enough fuel in that tank to reach the pattern's target tbh💙👽