Jump to content

Binance/U.S. dollar(BNBUSD) Elliott Wave Technical Analysis 19 September 23


Recommended Posts

Elliott Wave Analysis TradingLounge Daily Chart, 19 September 23, 

Binance/U.S. dollar(BNBUSD)

BNBUSD Elliott Wave Technical Analysis

Function: Follow Trend

Mode: Motive

Structure: Impulse

Position: Wave (5)

Direction Next higher Degrees: wave ((C)) of Zigzag

Wave Cancel invalid level: 

Details: Wave ((C)) trend move to 138.2% of Wave ((A)) at 23214.83

Binance/U.S. dollar(BNBUSD)Trading Strategy: the overview downtrend of Binance does not end, by the price still below MA200, MA50 Line and Wave ((C)) is not complete, we look for the price at below 203.4

Binance/U.S. dollar(BNBUSD)Technical Indicators: The price is a below the MA200 indicating a downtrend, RSI is a Bullish Momentum.

TradingLounge Analyst: Kittiampon Somboonsod, CEWA

 

BNBDay.thumb.png.00db7ba9e7f47aee9a03a584be69e2af.png

 

Elliott Wave Analysis TradingLounge 4H Chart, 19 September 23,

Binance/U.S. dollar(BNBUSD)

BNBUSD Elliott Wave Technical Analysis

Function: Counter Trend

Mode: Corrective

Structure: Triangle

Position: Wave 4

Direction Next higher Degrees: wave ((C)) of Zigzag

Wave Cancel invalid level: 234.8

Details: the Movement within a triangle pattern

Binance/U.S. dollar(BNBUSD)Trading Strategy: the overview downtrend of Binance does not end, by the price still below MA200, MA50 Line and Wave ((C)) is not complete, we look for the price at below 203.4

Binance/U.S. dollar(BNBUSD)Technical Indicators: TThe price is a below the MA200 indicating a downtrend, RSI is a Overbought.

BNBH4.thumb.png.a3abcd84f16f81d863ff454555ce2490.png

Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • General Statistics

    • Total Topics
      22,984
    • Total Posts
      95,305
    • Total Members
      43,594
    • Most Online
      7,522
      10/06/21 10:53

    Newest Member
    pb8080
    Joined 22/09/23 16:31
  • Posts

    • Basically, they've renamed the BitKeep wallet to BitgetWallet while megaswap to Bitgetswap😑...!   Most of the wallets have that inbuilt swap features but only a few reputable centralised exchanges have that feature!
    • Almost perfectly said! Especially, diversification & risk appetite factor worked great for me! Imagine, having -300% with 20x Lev😑. Still didn't close that trade after gaining+200%! Tho high lev isn't recommended,but I've just shared my personal experience as an example of risk appetite!  End of the day, experience & self confidence matters at crypto(For most of the people).
    • Hi @Ilikethestonk, Unfortunately, we only offer stocks listed on the following markets for share dealing: UK: FTSE 100, FTSE 250, and many other small-cap UK stocks US: S&P 500, NASDAQ 100, and many other small-cap US stocks Germany: DAX, HDAX, MDAX Ireland: ISEQ Netherlands: AEX Belgium: BEL 20 Austria: ATX, WBI Australia: ASX/S&P 300 Thanks, KoketsoIG
×
×
  • Create New...
us