23Apr
BNBUSD Elliott Wave Technical Analysis April 23 2023
BNBUSD Elliott Wave Technical Analysis April 23 2023
4Hour
Binance coin /U.S.dollar(BNBUSD)
BNBUSD Elliott Wave Technical Analysis
Function: Reactionary(Counter Trend)
Mode: Corrective
Structure: Double Combined
Position: Wave Y
Direction Next higher Degrees: wave (2) of Motive
Details: Retracement of wave ((2)) usually .50 or .618 x Length wave ((1))
Wave Cancel invalid level: 265.0
Binance coin /U.S.dollar(BNBUSD)Trading Strategy: Retracement of wave (2) usually .618 x Length wave (1) at 270.2 before rallying again in wave (3), waiting for wave (2) to finish to join the trend again.
Binance coin /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 coin /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 coin /U.S.dollar(BNBUSD)Trading Strategy: Retracement of wave (2) usually .618 x Length wave (1) at 270.2 before rallying again in wave (3), waiting for wave (2) to finish to join the trend again.
Binance coin /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: ABC as Wave (4) an Intermediate degree Elliott Wave structure down towards 40 - 45k. Bitco...
Read More >
Kittiampon Somboonsod's Elliott Wave charts for Ripple (XRPUSD) reveal a short-term correction i...
Read More >
Elliott Wave charts by Kittiampon Somboonsod 4 Hour - Binance Coin is still in the structure of Impu...
Read More >
Binance Coin (BNB) is showing promising signs of recovery according to Kittiampon Somboonsod's E...
Read More >
According to Elliott Wave charts by Kittiampon Somboonsod, NEOUSD has recovered from the 9.13 level ...
Read More >
Elliott Wave charts by Kittiampon Somboonsod 4 Hour - Bitcoin price continues to be heavily pressure...
Read More >
You need to login in order to comment