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Binance/ 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)) of Impulse

Wave Cancel invalid level:

Details: Wave 3 is likely to be 161.8% of wave 1.

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

The correction in wave 2 seems to be over so we focus on the five-wave rally of wave 2 and The price action remains in an uptrend, and we are looking for a re-entry into the trend.

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

Binance/ 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)) of Impulse

Wave Cancel invalid level:

Details: Wave 3 is likely to be 161.8% of wave 1.

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

The correction in wave 2 seems to be over so we focus on the five-wave rally of wave 2 and The price action remains in an uptrend, and we are looking for a re-entry into the trend.

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

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