Elliott Wave Technical Analysis: AAVEUSD - Wednesday, February 14

Blockchain, Cryptocurrency, Network, Virtual, Currency

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Elliott Wave Analysis TradingLounge Daily Chart, 14 February 24,

AAVE/ U.S. dollar(AAVEUSD)

AAVEUSD Elliott Wave Technical Analysis

Function: Counter Trend

Mode: Corrective

Structure: Zigzag

Position: Wave ((C))

Direction Next higher Degrees: Wave II of Impulse

Wave Cancel invalid Level: 47.34

Details: Wave II near trend to complete and Five-wave increase will support idear.

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

Wave II correction appears to be over at the 81.485 level and the price is likely to be bullish again. We are looking at a five-wave increase to support this idea.

Binance Coin / U.S. dollar(BNBUSD)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, 14 February 24

AAVE/ U.S. dollar(AAVEUSD)

AAVEUSD Elliott Wave Technical Analysis

Function: Counter Trend

Mode: Corrective

Structure: Zigzag

Position: Wave ((C))

Direction Next higher Degrees: Wave II of Impulse

Wave Cancel invalid Level: 47.34

Details: Wave II naer trend to complete and Five-wave increase will support idear

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

Wave II correction appears to be over at the 81.485 level and the price is likely to be bullish again. We are looking at a five-wave increase. to support this idea.

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

 


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Analyst Peter Mathers TradingLounge™ Australian Financial Services Licence - AFSL 317817

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