Image Source: Pixabay

Elliott Wave Analysis TradingLounge Daily Chart

Uniswap/ U.S. dollar(UNIUSD)

UNIUSD 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:

Details: the Five-Wave increase in wave (3)

Uniswap/ U.S. dollar(UNIUSD)Trading Strategy:
Unisawp remains in an uptrend, likely to surge sharply from the third wave surge. So look for opportunities to join the uptrend from a short-term pullback.

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

Elliott Wave Analysis TradingLounge 4hr Chart

Uniswap/ U.S. dollar

UNIUSD 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:

Details: the Five-Wave increase in wave (3)

Uniswap/ U.S. dollar(UNIUSD)Trading Strategy:
Uniswap remains in an uptrend, likely to surge sharply from the third wave surge. So look for opportunities to join the uptrend from a short-term pullback.

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

Technical Analyst: Kittiampon Somboonsod

Source: Tradinglounge.com

More By This Author:

Unlocking ASX Trading Success: Woodside Energy Group Ltd
Elliott Wave Technical Analysis: Tesla Inc. - Monday, Nov. 25
Elliott Wave Technical Analysis: S&P 500 Index - Monday, Nov. 25