Uniswap Crypto Price News Today Elliott Wave Technical Analysis - Wednesday, September 4

Elliott Wave Analysis TradingLounge Daily Chart,

Uniswap / U.S. dollar(UNIUSD)

UNIUSD Elliott Wave Technical Analysis

Function: Counter trend    

Mode: Counter

Structure: Double Corrective

Position: Wave (Y)

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

Wave Cancel invalid Level:

Details: Movement within the Triangle pattern May is complete and the price increase again.

Uniswap / U.S. dollar(UNIUSD)Trading Strategy:

It looks like the wave E correction is complete and the price is still likely to move up. Look for an opportunity to join the uptrend.

Uniswap / U.S. dollar(UNIUSD)Technical Indicators: The price is below the MA200 indicating a downtrend, The Wave Oscillator is a Bearish Momentum.

(Click on image to enlarge)

 

Elliott Wave Analysis TradingLounge H4 Chart,

Uniswap / U.S. dollar(UNIUSD)

UNIUSD Elliott Wave Technical Analysis

Function: Counter trend

Mode: Counter

Structure: Double Corrective

Position: Wave (Y)

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

Wave Cancel invalid Level: 

Details: Movement within the Triangle pattern May is complete and the price increase again.

Uniswap / U.S. dollar(UNIUSD)Trading Strategy:

It looks like the wave E correction is complete and the price is still likely to move up. Look for an opportunity to join the uptrend.

Uniswap / U.S. dollar(UNIUSD)Technical Indicators: The price is below the MA200 indicating a downtrend, The Wave Oscillator is a Bearish Momentum.

(Click on image to enlarge)

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