BNBUSDT · 1h
Elliott Waves
Trend
down
impulse_or_markdown
Confidence
67%
500 candles
Wave pattern
possible_diagonal
wave_5_complete_or_reversal_watch
Signals
2
MCP market analysis
Wave Evidence
possible_diagonal · 48%
Invalidation 621.20
- six alternating pivots form a possible 1-2-3-4-5 sequence
- wave 3 is not the shortest action wave
- wave 4 overlaps wave 1 territory, so standard impulse confidence is reduced
Levels And Warnings
fractal high · 629.90
recent swing high at index 485
fractal low · 590.10
recent swing low at index 489
fractal high · 621.20
recent swing high at index 491
fractal low · 588.00
recent swing low at index 497
channel support · 675.41
best-scored channel lower boundary at latest candle
channel resistance · 750.88
best-scored channel upper boundary at latest candle
wave5 equality · 598.20
wave 5 often approximates wave 1 when wave 3 is not extended