BNBUSD Elliott Wave Analysis TradingLounge Daily Chart

Binance/U.S. Dollar Daily Chart Analysis

BNBUSD Elliott Wave Technical Analysis

Function: Follow Trend

Mode: Motive

Structure: Impulse

Position: Wave 5

Direction Next Higher Degrees: Wave (3)

Wave Cancel Invalid Level:

Details: The Five-Wave Increase in Wave 5

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

The outlook remains bullish for the Impulse pattern. Further action is needed twice to complete the pattern. Therefore, the price continues to move upward.

Binance/U.S. Dollar (BNBUSD) Technical Indicators:

The price is below the MA200, indicating an uptrend. The Wave Oscillator shows bullish momentum.

BNBUSD-1D-crypto-cha...

 


 

BNBUSD Elliott Wave Analysis TradingLounge 4-Hour Chart

Binance/U.S. Dollar H4 Chart Analysis

BNBUSD Elliott Wave Technical Analysis

Function: Follow Trend

Mode: Motive

Structure: Impulse

Position: Wave 5

Direction Next Higher Degrees: Wave (3)

Wave Cancel Invalid Level:

Details: The Five-Wave Increase in Wave 5

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

The outlook remains bullish for the Impulse pattern. Further action is needed twice to complete the pattern. Therefore, the price continues to move upward.

Binance/U.S. Dollar (BNBUSD) Technical Indicators:

The price is below the MA200, indicating an uptrend. The Wave Oscillator shows bullish momentum.

Technical Analyst:  Kittiampon Somboonsod

Source: visit Tradinglounge.com and learn From the Experts Join TradingLounge Here 

See Previous: NEO/USD (NEOUSD) Elliott Wave Technical Analysis

Special Trial Offer - 0.76 Cents a Day for 3 Months! Click here

Access 7 Analysts Over 170 Markets Covered. Chat Room With Support

BNBUSD-4hr-crypto-ch...

Conclusion:

By understanding and applying Elliott Wave analysis to BNBUSD trading, traders can gain valuable insights into market trends and make more informed decisions. The detailed technical analysis and trading strategies provided in this guide aim to help you navigate the complexities of cryptocurrency trading effectively. Stay updated with the latest market trends and continue refining your trading strategies for better outcomes.

Related

Ethereum Crypto Price News Today Using ETHUSD Elliott Wave Technical Analysis: Potential Breakout from Wave (2) to Wave (3)

Ethereum Crypto Price News Today Using ETHUSD Elliott Wave Technical Analysis: Potential Breakout from Wave (2) to Wave (3)

Ethereum (ETH/USD) is currently in a corrective Elliott Wave pattern, positioned in Wave (2) within ...

Read More >
Comprehensive Mahindra & Mahindra Stock Analysis and Elliott Wave Forecast for Future Share Price Predictions

Comprehensive Mahindra & Mahindra Stock Analysis and Elliott Wave Forecast for Future Share Price Predictions

Explore Mahindra & Mahindra stock analysis with detailed Elliott Wave analysis, share price predicti...

Read More >
Bitcoin (BTCUSD) Elliott Wave Analysis: Forecast Revealing Impulse Wave Patterns, Fibonacci Zones, and Strategic Trading Setups

Bitcoin (BTCUSD) Elliott Wave Analysis: Forecast Revealing Impulse Wave Patterns, Fibonacci Zones, and Strategic Trading Setups

Elliott Wave-based technical analysis of Bitcoin (BTCUSD), covering daily and 4-hour charts. It outl...

Read More >
Elliott Wave Forecast: SP500, NASDAQ & Tech Giants (April 2025 Outlook)

Elliott Wave Forecast: SP500, NASDAQ & Tech Giants (April 2025 Outlook)

Major indices and top tech stocks are entering Wave A downturns, with brief Wave 4 rallies anticipat...

Read More >
Mastering Bitcoin/ U.S. dollar(BTCUSD) Elliott Wave Technical Analysis for Profitable Trading

Mastering Bitcoin/ U.S. dollar(BTCUSD) Elliott Wave Technical Analysis for Profitable Trading

As of February 29, 2024, leverage the insights from TradingLounge's daily and 4-hour BTCUSD char...

Read More >
Wheat Commodity Elliott Wave Technical Analysis: Unveiling the Path Towards Market Recovery

Wheat Commodity Elliott Wave Technical Analysis: Unveiling the Path Towards Market Recovery

Dive into the comprehensive guide on Elliott Wave analysis for wheat trading, where we explore cutti...

Read More >

$1 for 2 Weeks

then $29 a month!

What a Special Offer!

Trade Recommendations

Unleash the power of deversified trading with our comprehensive portfolio, covering 250+ markets:

  • Stock Trades
  • Crypto Trades
  • Forex Trades
  • Commodity Trades
Elliott Wave Analysis

Gain a competitive edge with expert insights and AI-powered Elliott Wave charting into:

  • Global Indices
  • US Stocks & ASX Stocks
  • Forex & Crypto
  • Commodities
Top-Notch Trading Tools

Equip yourself with the tools of success:

  • Real-time Chat rooms
  • Elliott Wave Algorithm
  • Portfolio tools
  • TradingLevels
  • Screener
  • Trading Game
7 Elliott Wave Analysts

Stay ahead of the market with daily charts and insightful videos
Your secret to strategic trading!

JOIN HERE


Welcome to TradingLounge (ASIC A.R.No. 321187), specialists in trades, trading education and technical analysis, covering stocks, indices, commodities, forex and cryptocurrencies.

When you join TradingLounge you have access to everything we offer, including trade tools, educational content and a social platform to chat with like-minded investors.

Read more

@Copyright 2024 by tradinglounge.com

Contact Us

Australian no: 02 4787 6020

International no: +61 (2) 47876020

Pay with:

Find us on