Elliott Wave Technical Analysis: ETHUSD - Friday, February 23
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Elliott Wave Analysis TradingLounge Daily Chart, 23 February 24,
Ethereum/ U.S. dollar (ETHUSD)
ETHUSD Elliott Wave Technical Analysis
Function: Follow Trend
Mode: Motive
Structure: Impulse
Position: Wave (3)
Direction Next higher Degrees: wave ((3)) of Impulse
Wave Cancel invalid level:
Ethereum/ U.S. dollar (ETHUSD)Trading Strategy:
Ethereum overall is still in an uptrend. Currently, on the rise of the Impulse Wave, we are still missing two more moves to complete the pattern.
Ethereum/ U.S. dollar (ETHUSD)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, 23 February 24,
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 1 of Impulse
Wave Cancel invalid level:
Ethereum/ U.S. dollar (ETHUSD)Trading Strategy:
Ethereum overall is still in an uptrend. Currently, on the rise of the Impulse Wave, we are still missing two more moves to complete the pattern.
Ethereum/ U.S. dollar (ETHUSD)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