Elliott Wave Technical Analysis: Bitcoin Crypto Price News Today

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Elliott Wave Analysis TradingLounge Daily Chart,

Bitcoin/ U.S. Dollar(BTCUSD)

BTCUSD Elliott Wave Technical Analysis

Function: Follow Trend

Mode: Motive

Structure: Impulse 

position: Wave V

Direction Next higher Degrees: wave (III)

Wave Cancel invalid level: 

Details: The price is likely to increase above the level of 73,660.

Bitcoin/ U.S. Dollar(BTCUSD)Trading Strategy:

A five-wave increase in the Impulse pattern, with the fourth wave appearing to be complete. And the price rose again during the fifth wave. The overall picture therefore increased again, above the level of 73,660.

Bitcoin/ U.S. Dollar(BTCUSD)Technical Indicators: The price is below the MA200 indicating an Uptrend, The Wave Oscillator is a Bullish Momentum.

Elliott Wave Analysis TradingLounge H4 Chart,

Bitcoin/ U.S. Dollar(BTCUSD)

BTCUSD Elliott Wave Technical Analysis

Function: Follow Trend

Mode: Motive

Structure: Impulse 

position: Wave V

Direction Next higher Degrees: wave (III)

Wave Cancel invalid level: 

Details: The price is likely to increase above the level of 73,660.

Bitcoin/ U.S. Dollar(BTCUSD)Trading Strategy:

A five-wave increase in the Impulse pattern, with the fourth wave appearing to be complete. And the price rose again during the fifth wave. The overall picture therefore increased again, above the level of 73,660.

Bitcoin/ U.S. Dollar(BTCUSD)Technical Indicators: The price is below the MA200 indicating an Uptrend, The Wave Oscillator is a Bullish Momentum.

Technical Analyst: Kittiampon Somboonsod

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