Binance Crypto Price News Today Elliott Wave Technical Analysis
Elliott Wave Analysis TradingLounge Daily Chart,
Binance/ U.S. dollar(BNBUSD)
BNBUSD Elliott Wave Technical Analysis
Function: Counter Trend
Mode: Corrective
Structure: Triangle
Position: Wave ((D))
Direction Next higher Degrees: wave 4
Wave Cancel invalid level: 508
Details: Correction in Triangle pattern before rising again in Wave 5.
Binance/ U.S. dollar(BNBUSD)Trading Strategy:
The short-term correction in Wave 4 with the Triangle pattern continues. Because there is still another decrease in wave E before an increase in wave 5, so wait for the correction to complete to look for opportunities to join the trend again.
Binance/ U.S. dollar(BNBUSD)Technical Indicators: The price is above the MA200 indicating an Uptrend, The Wave Oscillator is a Bullish Momentum.
Elliott Wave Analysis TradingLounge H4 Chart,
Binance/ U.S. dollar(BNBUSD)
BNBUSD Elliott Wave Technical Analysis
Function: Counter Trend
Mode: Corrective
Structure: Triangle
Position: Wave ((D))
Direction Next higher Degrees: wave 4
Wave Cancel invalid level: 508
Details: Correction in Triangle pattern before rising again in Wave 5.
Binance/ U.S. dollar(BNBUSD)Trading Strategy:
The short-term correction in Wave 4 with the Triangle pattern continues. Because there is still another decrease in wave E before an increase in wave 5, so wait for the correction to complete to look for opportunities to join the trend again.
Binance/ U.S. dollar(BNBUSD)Technical Indicators: The price is above the MA200 indicating an uptrend, The Wave Oscillator is a Bullish Momentum.
Technical Analyst : Kittiampon Somboonsod, CEWA
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