Elliott Wave Analysis TradingLounge Daily Chart, 26 February 24,

AAVE/ U.S. dollar(AAVEUSD)

AAVEUSD Elliott Wave Technical Analysis

Function: Counter Trend

Mode: Corrective

Structure: Zigzag

Position: Wave ((B))

Direction Next higher Degrees: Wave II of Impulse

Wave Cancel invalid Level: 47.34

AAVE/ U.S. dollar(AAVEUSD)Trading Strategy:

Correction of wave 2 in the Zigzag pattern. Price is currently pulling back in wave B before falling again in wave C. The overall picture is still in an uptrend but is correcting to continue upward.

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

(Click on image to enlarge)

Elliott Wave Analysis TradingLounge 4Hr Chart, 26 February 24,

Bitcoin/ U.S. dollar(BTCUSD)

AAVEUSD Elliott Wave Technical Analysis

Function: Counter Trend

Mode: Corrective

Structure: Zigzag

Position: Wave ((B))

Direction Next higher Degrees: Wave II of Impulse

Wave Cancel invalid Level: 47.34

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

Correction of wave 2 in the Zigzag pattern. Price is currently pulling back in wave B before falling again in wave C. The overall picture is still in an uptrend but is correcting to continue upward.

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

(Click on image to enlarge)

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