BNB/USD Elliott Wave technical analysis [Video]
|BNB/USD Elliott Wave technical analysis
Function: Follow Trend.
Mode: Motive.
Structure: Impulse.
Position: Wave 3.
Direction Next higher Degrees: Wave (3)).
Wave Cancel invalid level: 287.5.
Details: Wave 3 is equal to 261.8% of wave 1 at 592.8.
BNB/USD trading strategy
BNB is still in an uptrend. and there is still an opportunity to continually increase In the increase of Wave 3, there is a chance to test the 717.0 level because the internal sub-waves of Wave 3 are not complete yet, causing the price to still have a chance to move higher.
Binacecoin/ U.S. dollar(BNBUSD)Technical Indicators: The price is above the MA200 indicating an Uptrend, Wave Oscillator is a bullish Momentum.
BNB/USD Elliott Wave technical analysis
Function: Follow Trend.
Mode: Motive.
Structure: Impulse.
Position: Wave 3.
Direction next higher degrees: wave (3)).
Wave cancel invalid level: 287.5.
Details: Wave 3 may be complete and prices are corrected in wave 4.
BNB/USD trading strategy
BNB is still in an uptrend. and there is still an opportunity to continually increase In the increase of Wave 3, there is a chance to test the 717.0 level because the internal sub-waves of Wave 3 are not complete yet, causing the price to still have a chance to move higher.
Binacecoin/ U.S. dollar(BNBUSD)Technical Indicators: The price is above the MA200 indicating an Uptrend, Wave Oscillator is a bullish Momentum.
BNB/USD Elliott Wave technical analysis [Video]
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