Elliott Wave Technical Analysis: ETHUSD - Friday, February 23

Cryptocurrency, Asset, Electronic Payment, Payment

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Elliott Wave Analysis TradingLounge Daily Chart, 23 February 24,

Ethereum/ U.S. dollar (ETHUSD)

ETHUSD Elliott Wave Technical Analysis

Function: Follow Trend

Mode: Motive

Structure: Impulse

Position: Wave (3)

Direction Next higher Degrees: wave ((3)) of Impulse

Wave Cancel invalid level:

Ethereum/ U.S. dollar (ETHUSD)Trading Strategy:

Ethereum overall is still in an uptrend. Currently, on the rise of the Impulse Wave, we are still missing two more moves to complete the pattern.

Ethereum/ U.S. dollar (ETHUSD)Technical Indicators: The price is above the MA200 indicating an Uptrend, Wave Oscillators a bullish Momentum.

TradingLounge Analyst: Kittiampon Somboonsod, CEWA

Source: Tradinglounge.com

Elliott Wave Analysis TradingLounge 4Hr Chart, 23 February 24,

Ethereum/ U.S. dollar (ETHUSD)

ETHUSD Elliott Wave Technical Analysis

Function: Follow Trend

Mode: Motive

Structure: Impulse

Position: Wave ((5))

Direction Next higher Degrees: wave 1 of Impulse

Wave Cancel invalid level:

Ethereum/ U.S. dollar (ETHUSD)Trading Strategy:

Ethereum overall is still in an uptrend. Currently, on the rise of the Impulse Wave, we are still missing two more moves to complete the pattern.

Ethereum/ U.S. dollar (ETHUSD)Technical Indicators: The price is above the MA200 indicating an Uptrend, Wave Oscillators a bullish Momentum.

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