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

Article provides an in-depth Silver (XAGUSD) Commodity Elliott Wave Technical Analysis

Article provides an in-depth Silver (XAGUSD) Commodity Elliott Wave Technical Analysis

This article provides an in-depth Silver Price Analysis through the lens of Elliott Wave Theory. It ...

Read More >
Elliott Wave Technical Analysis of the Dow Jones Industrial Average (DJI), Offering Valuable Insights for Investors and Traders

Elliott Wave Technical Analysis of the Dow Jones Industrial Average (DJI), Offering Valuable Insights for Investors and Traders

This comprehensive guide provides a thorough Elliott Wave Analysis of the Dow Jones Industrial Avera...

Read More >
Pepsico Inc.(PEP:NASDAQ) Elliott Wave Technical Analysis 6 November 23

Pepsico Inc.(PEP:NASDAQ) Elliott Wave Technical Analysis 6 November 23

Pepsico Inc.(PEP:NASDAQ) Elliott Wave Technical Analysis on 6 November, with 1-hour Chart and 4-hour...

Read More >
British Pound/U.S.Dollar (GBPUSD) Elliott Wave Technical Analysis 21 November 23

British Pound/U.S.Dollar (GBPUSD) Elliott Wave Technical Analysis 21 November 23

British Pound/U.S.Dollar (GBPUSD) Elliott Wave Analysis Trading Lounge Day Chart and 4-hour chart da...

Read More >
Euro/ U.S. Dollar (EURUSD) Forex Elliott Wave Technical Analysis:  Detailed insights into the current market trends

Euro/ U.S. Dollar (EURUSD) Forex Elliott Wave Technical Analysis: Detailed insights into the current market trends

This article provides a comprehensive Elliott Wave Analysis of the EURUSD pair, covering both day an...

Read More >
Euro/U.S.Dollar(EURUSD) Forex Elliott Wave Technical Analysis: Comprehensive Look at Trading Patterns

Euro/U.S.Dollar(EURUSD) Forex Elliott Wave Technical Analysis: Comprehensive Look at Trading Patterns

Our detailed EURUSD Elliott Wave analysis helps traders anticipate EURUSD movements by outlining key...

Read More >

Buy 1 Month

Get 3 Months!

Special Offer:

Trade Recommendations

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

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

Gain a competive edge with expert insights in to:

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

Equip yourself with the tools of success:

  • Social Chat
  • Elliott Wave Algorithm
  • Screener
  • TradingLevels
  • 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