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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 (I)

Wave Cancel invalid level: 

Details: The five-wave rise of wave V is likely equivalent to wave I at the 98360 level.

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

The correction in wave 2 seems to be over so we focus on the five-wave rally of wave 3 and The price action remains in an uptrend, and we are looking for a re-entry into the trend.

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

Bitcoin/ U.S. dollar(BTCUSD)

BTCUSD Elliott Wave Technical Analysis

Function: Follow Trend

Mode: Motive

Structure: Impulse

position: Wave (3)

Direction Next higher Degrees: wave ((3))

Wave Cancel invalid level: 

Details: The five-wave rise of wave (3)

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

The correction in wave 2 seems to be over so we focus on the five-wave rally of wave 3 and The price action remains in an uptrend, and we are looking for a re-entry into the trend.

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

Technical Analyst: Kittiampon Somboonsod

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