Elliott Wave Technical Analysis: Binance, Oct. 3

Elliott Wave Analyst - tradinglounge • Oct 3, 2022 at 3:00 AM EDT

Binance is moving toward Wave 3 of Motive, the sub-wave of wave 3. The price of Binance coin tends to trade above the 336.5 level, but not below 256.7

BNBUSD Day Crypto Chart

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Monday, October 3, 2022,00:18(UTC+1) London

BNBUSD Elliott Wave Technical Analysis (BNB-X)

Function: Follow trend

Mode: Motive

Structure: Impulse

Position: Wave ((3))

Direction Next higher degrees: Wave Ill of Motive

Details: The sub-wave of wave Ill The price tends to trade above the 336.5 level, but not below 256.7

Wave Cancel invalid level: 256.7

BNBUSD H4 Crypto Chart

Monday, October 3, 2022, 00:18(UTC+1) London

BNBUSD Elliott Wave Technical Analysis

Function: Follow trend

Mode: Motive

Structure: Impulse

Position: Wave ((3))

Direction Next higher degrees: Wave Ill of Motive

Details: The sub-wave of wave Ill The price tends to trade above the 336.5 level, but not below 256.7

Wave Cancel invalid level: 256.7

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