31Mar
BNBUSD Elliott Wave Technical Analysis March 31 2023
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
Overview: Bitcoin and Ethereum tracking two Elliott wave counts. Trading Levels: Bitcoin Major Level...
Read More >
Aave (AAVE) remains in a strong uptrend, as indicated by Elliott Wave charts by Kittiampon Somboonso...
Read More >
Overview: Wave four correction down around 28,000. Bitcoin Elliott Wave: Wave(4) completed if the 35...
Read More >
Elliott Wave Analysis TradingLounge 4H Chart and Daily Chart, 2 November 2022,
Read More >
Elliott Wave charts by Kittiampon Somboonsod 4 Hour and Daily - Bitcoin price continues to be under ...
Read More >
Polkadot and DOTUSD have seen a recovery and a third wave rise according to Elliott Wave charts by K...
Read More >
You need to login in order to comment