Binance coin/ U.S. dollar (BNBUSD) Elliott Wave Technical Analysis 14 March 24

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Elliott Wave Analysis TradingLounge Daily Chart, 15 March 24,

Binance coin/ U.S. dollar(BNBUSD)

BNBUSD Elliott Wave Technical Analysis

Function: Follow Trend

Mode: Motive

Structure: Impulse

Position: Wave 3

Direction Next higher Degrees: wave (3))

Wave Cancel invalid level: 287.5

Details: Wave 3 is equal to 261.8% of wave 1 at 592.8

Binacecoin/ U.S. dollar(BNBUSD)Trading Strategy:

BNB is still in an uptrend. and there is still an opportunity to continually increase In the increase of Wave 3, there is a chance to test the 717.0 level because the internal sub-waves of Wave 3 are not complete yet, causing the price to still have a chance to move higher.

Binacecoin/ U.S. dollar(BNBUSD)Technical Indicators: The price is above the MA200 indicating an Uptrend, Wave Oscillator is a bullish Momentum.

TradingLounge Analyst: Kittiampon Somboonsod, CEWA

 

 

 

 

 

Elliott Wave Analysis TradingLounge 4H Chart, 15 March 24,

Binacecoin/ U.S. dollar(BNBUSD)

BNBUSD Elliott Wave Technical Analysis

Function: Follow Trend

Mode: Motive

Structure: Impulse

Position: Wave 3

Direction Next higher Degrees: wave (3))

Wave Cancel invalid level: 287.5

Details: Wave 3 may be complete and prices are corrected in wave 4.

Binance coin/ U.S. dollar(BNBUSD)Trading Strategy:

BNB is still in an uptrend. and there is still an opportunity to continually increase In the increase of Wave 3, there is a chance to test the 717.0 level because the internal sub-waves of Wave 3 are not complete yet, causing the price to still have a chance to move higher.

Binacecoin/ U.S. dollar(BNBUSD)Technical Indicators: The price is above the MA200 indicating an Uptrend, Wave Oscillator is a bullish Momentum.

 

 

[Imam]

Closed my scalp short 😑