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Binance/ U.S. dollar(BNBUSD)

BNBUSD Elliott Wave Technical Analysis

Function: Counter Trend

Mode: Corrective

Structure: Flat

position: Wave A

Direction Next higher Degrees: wave (2)

Wave Cancel invalid level:

Details: Retracement of wave A before Pull-back in wave B.

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

Wave (1) appears to have ended and price is now entering a correction phase in wave (2), so wait for the correction to complete to rejoin 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: Counter Trend

Mode: Corrective

Structure: Flat

position: Wave A

Direction Next higher Degrees: wave (2)

Wave Cancel invalid level:

Details: Retracement of wave A before Pull-back in wave B

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

Wave (1) appears to have ended and price is now entering a correction phase in wave (2), so wait for the correction to complete to rejoin 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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