Elliott Wave Technical Analysis: Uniswap Crypto Price News For Tuesday, Aug 20
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Elliott Wave Analysis TradingLounge Daily Chart
Uniswap / U.S. dollar(UNIUSD)
UNIUSD Elliott Wave Technical Analysis
Function: Counter trend
Mode: Counter
Structure: Double Corrective
Position: Wave (Y)
Direction Next higher Degrees: wave ((E)) of Impulse
Wave Cancel invalid Level:
Details: Movement within the Triangle pattern May is complete and the price increase again.
Uniswap / U.S. dollar(UNIUSD)Trading Strategy:
It looks like the wave E correction is complete and the price is still likely to move up. Look for an opportunity to join the uptrend.
Uniswap / U.S. dollar(UNIUSD)Technical Indicators:
The price is below the MA200 indicating a downtrend. The Wave Oscillator is a Bearish Momentum.
Elliott Wave Analysis TradingLounge H4 Chart
Uniswap / U.S. dollar(UNIUSD)
UNIUSD Elliott Wave Technical Analysis
Function: Counter trend
Mode: Counter
Structure: Double Corrective
Position: Wave (Y)
Direction Next higher Degrees: wave ((E)) of Impulse
Wave Cancel invalid Level:
Details: Movement within the Triangle pattern May is complete and the price increase again.
Uniswap / U.S. dollar(UNIUSD)Trading Strategy:
It looks like the wave E correction is complete and the price is still likely to move up. Look for an opportunity to join the uptrend.
Uniswap / U.S. dollar(UNIUSD)Technical Indicators:
The price is below the MA200 indicating a downtrend. The Wave Oscillator is a Bearish Momentum.
Technical Analyst: Kittiampon Somboonsod
Source: Tradinglounge.com
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