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

23Apr

BNBUSD Elliott Wave Technical Analysis April 23 2023

Crypto_Splash-BNB

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

NEOUSD Elliott Wave Technical Analysis April 12 2023

NEOUSD Elliott Wave Technical Analysis April 12 2023

Get the latest NEO prediction and technical analysis using Elliott Wave charts by Kittiampon Somboon...

Read More >
BNBUSD Elliott Wave Technical Analysis May 09 2023

BNBUSD Elliott Wave Technical Analysis May 09 2023

Binance Coin (BNB) traders and investors may want to pay attention to the Elliott Wave charts by Kit...

Read More >
AAVEUSD Elliott Wave Technical Analysis March 26 2023

AAVEUSD Elliott Wave Technical Analysis March 26 2023

A technical analysis of Aave's cryptocurrency, AAVEUSD, using Elliott Wave charts by Kittiampon ...

Read More >
THETAUSD Elliott Wave Technical Analysis May 14 2023

THETAUSD Elliott Wave Technical Analysis May 14 2023

According to Kittiampon Somboonsod's Elliott Wave charts for Theta (THETAUSD), there is a potent...

Read More >
BNBUSD Elliott Wave Technical Analysis March 25 2023

BNBUSD Elliott Wave Technical Analysis March 25 2023

Binance Coin (BNB) Elliott Wave Technical Analysis Predicts Continuous Uptrend, with wave III trendi...

Read More >
DOTUSD Elliott Wave Technical Analysis February 09 2023

DOTUSD Elliott Wave Technical Analysis February 09 2023

Kittiampon Somboonsod's Elliott Wave analysis of Polkadot (DOT, DOTUSD) predicts a correction or...

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