Binance Coin with ticker BNBUSD looks to have now a completed projected larger abcde bullish running triangle pattern in wave 4, so soon be aware of a strong bullish breakout into 5th wave that can extend the rally towards 1000 area. Bullish confirmation is above upper triangle line and 700 level.

Binance Coin (BNB) is the native cryptocurrency of the Binance exchange, one of the world's largest cryptocurrency trading platforms. Initially launched as an ERC-20 token on the Ethereum blockchain in 2017, BNB later transitioned to the Binance Chain, its own blockchain. BNB is used for a variety of purposes within the Binance ecosystem, including paying for transaction fees on the platform, participating in token sales, and even for everyday purchases. Its value is often influenced by the growth of the Binance exchange and the demand for its utility within the platform's services.

A bullish running triangle is a continuation pattern that forms during an uptrend. It consists of five corrective waves (labeled A-B-C-D-E), where each wave stays relatively close to the trend direction. Unlike typical triangles, in a running triangle, wave B ends beyond the start of wave A, showing strong bullish pressure. After wave E, the uptrend typically resumes with a strong breakout.

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