Cryptocurrency Elliott Wave Blog!
BTC, ETH, BNB, XRP, ADA, DOT, AAVE, LINK, DOGE, XMR, NEO, THETA, TRX, UNI, VET

31Mar

BNBUSD Elliott Wave Technical Analysis March 31 2023

Crypto_Splash-BNB

BNBUSD Elliott Wave Technical Analysis March 31 2023

4Hour

Binance /U.S.dollar(BNBUSD)
BNBUSD Elliott Wave Technical Analysis
Function: Follow trend
Mode: Motive
Structure: Impulse
Position: Wave III
Direction Next higher Degrees: wave (I) of Motive
Details: Wave 3 is equal to 1.618 multiplied  Length of wave 1  at 446.4
Wave Cancel invalid level: 265.0


Binance /U.S.dollar(BNBUSD)Trading Strategy: BNB is recovering well. And we expect wave ((2)) to end at the level of 305.9. Five rising waves from this point and the price can break the MA200 line will support this idea. The price is likely to trade above the 425.4 level.


Binance /U.S.dollar(BNBUSD)Technical Indicators: The price is above the MA200 indicating an UpTrend. The wave oscillators above Zero-Line momentum are Bullish


Daily

Binance /U.S.dollar(BNBUSD)
BNBUSD Elliott Wave Technical Analysis
Function: Follow trend
Mode: Motive
Structure: Impulse
Position: Wave III
Direction Next higher Degrees: wave (I) of Motive
Details: Wave 3 is equal to 1.618 multiplied  Length of wave 1  at 568.8
Wave Cancel invalid level: 220


Binance /U.S.dollar(BNBUSD)Trading Strategy: BNB is recovering well. And we expect wave ((2)) to end at the level of 265.0. Five rising waves from this point and the price can break the MA200 line will support this idea. The price is likely to trade above the 568.8 level.


Binance /U.S.dollar(BNBUSD)Technical Indicators: The price is above the MA200 indicating an UpTrend. The wave oscillators above Zero-Line momentum are Bullish

 

About the Author

Related

XRPUSD Elliott Wave Technical Analysis April 19 2023

XRPUSD Elliott Wave Technical Analysis April 19 2023

Kittiampon Somboonsod's Elliott Wave charts for Ripple (XRPUSD) reveal a short-term correction i...

Read More >
Bitcoin Trading: Elliott Wave Analysis 21 Jan 2022

Bitcoin Trading: Elliott Wave Analysis 21 Jan 2022

Bitcoin BTC and Ethereum ETH Technical Analysis Elliott Wave Forecast & Trading. Overview: Bitcoin f...

Read More >
UNIUSD Elliott Wave Technical Analysis 14 January 2023

UNIUSD Elliott Wave Technical Analysis 14 January 2023

Elliott Wave charts by Kittiampon Somboonsod 4 Hour - Bitcoin is likely to recover well as price bre...

Read More >
BNBUSD Elliott Wave Technical Analysis 25 January 2023

BNBUSD Elliott Wave Technical Analysis 25 January 2023

Elliott Wave charts by Kittiampon Somboonsod 4 Hour Binance coin has recovered well from the 220 lev...

Read More >
AAVEUSD Elliott Wave Technical Analysis May 02 2023

AAVEUSD Elliott Wave Technical Analysis May 02 2023

A cryptocurrency technical analysis by Kittiampon Somboonsod predicts a potential wave C correction ...

Read More >
BTCUSD Elliott Wave Technical Analysis February 21 2023

BTCUSD Elliott Wave Technical Analysis February 21 2023

Bitcoin and cryptocurrency traders may be interested in Kittiampon Somboonsod's Elliott Wave cha...

Read More >
You need to login in order to comment
WHAT YOUR TRIAL INCLUDES
At TradingLounge we offer our Members access to all areas!
  • Our coverage means you get maximum flexibility in your trading options
  • Analysis updates every day Mon-Fri
  • Elliott Wave specialists
  • Discretionary strategies to take away
Our huge range of markets include charts + videos for:
  • Indices – US, Asian + Euro
  • Commodities – Gold, Oil, Silver, Copper, Iron Ore, Lithium, Uranium, Nickel, DXY, Gold, Silver, GDX, Commodity Futures Markets
  • Forex daily – AUDUSD, EURUSD + US Dollar Index
  • Cryptocurrencies - Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), Ripple (XRP), Cardano (ADA), Polkadot (DOT), Aave (AAVE), Chainlink (LINK),Dogecoin (DOGE), Monero (XMR), Neo (NEO), Theta (THETA),Tron (TRX), Uniswap (UNI), VeChain token (VET)
Also included so your trading can really improve:

Trading Education

Elliott Wave Course

TradingLevels Course

Social chat with other traders

  • Phone + Email support