Got some free LISTA (many thanks to Binance Megadrop!) and #LISTABNB seems to have a very interesting #Elliottwave structure: an impulsive 5th wave went right into the 1.764 extension, slightly exceeding 0.618 of the 3rd and the rising wedge, and got rejected from ATH.
The drop looks impulsive but arguably only 3 waves so far so immediate path higher still possible if 0.0012 holds and back above 0.0014 would make a stronger case for that. However if a fifth wave forms, probably in the ballpark of 0.0011xxx then a much larger drop likely follows after a corrective sideways-to-up action.
As is right now, I like $BNB more and therefor sold some LISTA. Please note though, charting in minutes and charting new coin are both not very reliable, so this post is a combination of both and should be taken with a huge grant of salt.
I'm probably not gonna look at the LISTABNB trading pair for a long time, until it gets more trading history or unless LISTA gains more traction and can be traded against #EUR . I do plan to review the weekly/monthly charts of #BTCEUR and #BNBEUR this weekend after the quarter close: longterm charts, of major coins, against major fiats, are much more reliable.
