Binance Crypto Price News Today Elliott Wave Technical Analysis

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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: Wave 4 may be complete and the Price increase again in Wave 5

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

The rise of the fifth wave in the Impulse pattern, which is subdivided into five waves. Currently, waves ((1)) and ((2)) are completed, the price is rising in wave ((3)). Therefore, the price There is a chance of continuing to increase above the level of 617.

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

 

 

 

 

 

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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: Wave 4 may be complete and the Price increase again in Wave 5.

 

 

Technical Analyst : Kittiampon Somboonsod

Source : Tradinglounge.com get trial here!

 

 

[Imam]

Scalp longed! For swing, it have to break the range first!