04Apr
BNBUSD Elliott Wave Technical Analysis April 05 2023
BNBUSD Elliott Wave Technical Analysis April 05 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 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 below the MA200 indicating a Down Trend. The wave oscillators Below Zero-Line momentum are Bearish
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
ABC as Wave (4) an Intermediate degree Elliott Wave structure down towards 40 - 45k. Bitcoin Elliott...
Read More >
Bitcoin technical analysis suggests that BTCUSD has recovered well from a key retracement level, wit...
Read More >
Elliott Wave charts by Kittiampon Somboonsod 4 Hour - The Bitcoin price recovery is still doing well...
Read More >
Kittiampon Somboonsod's Elliott Wave analysis of Polkadot (DOT, DOTUSD) predicts a correction or...
Read More >
Elliott Wave charts by Kittiampon Somboonsod 4 Hour - Vechain Coin has recovered well from the 0.015...
Read More >
Elliott Wave charts by Kittiampon Somboonsod 4 Hour and Daily- AAVE Token recovered well from the 50...
Read More >
You need to login in order to comment