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Elliott Wave Analysis TradingLounge Daily Chart,

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 5 of Wave (3)

Wave Cancel invalid level: 

Details: Wave (5) trend move to Test 4692.28

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

A five-wave increase in the Impulse pattern, with the fourth wave appearing to be complete. And the price rose again during the fifth wave. The overall picture tends to rise above the 4150 level again.

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

Elliott Wave Analysis TradingLounge H4 Chart,

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 5 of Wave (3)

Wave Cancel invalid level: 

Details: Wave (5) trend move to Test 4692.28

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

A five-wave increase in the Impulse pattern, with the fourth wave appearing to be complete. And the price rose again during the fifth wave. The overall picture tends to rise above the 4150 level again.

Ethereum/ U.S. dollar(ETHUSD)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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