Elliott Wave Technical Analysis: Uniswap (UNIUSD)

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UNIUSD Elliott Wave Technical Analysis Function: Follow trend Mode: Motive Structure: Impulse Position: Wave ((2)) Direction Next higher Degrees: Details: reduction in wave ((2)) before are rising again in wave ((3)) Wave Cancel invalid Level: 3.333

Uniswap (UNIUSD) Trading Strategy: The last drop in the second wave before the price reverts to an uptrend again. Until the second wave is finished, wait for another opportunity to join the trend.

Uniswap (UNIUSD) Technical Indicators: The price is below the MA50,200 line. The RSI is moving into the oversold zone, the short-term remains in a downtrend.

Analyst: Kittiampon Somboonsod

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Elliott Wave Analysis 4H Chart, 26 August 2022

Uniswap (UNIUSD)

UNIUSD Elliott Wave Technical Analysis Function: Counter trend Mode: Corrective Structure: Flat Position: Wave (C) Direction Next higher Degrees: wave ((2)) of Motive Details: Decrease in wave (C). before increasing again Wave Cancel invalid Level :

Uniswap (UNIUSD) Trading Strategy: The last drop in the second wave before the price reverts to an uptrend again. Until the second wave is finished, wait for another opportunity to join the trend.

Uniswap (UNIUSD) Technical Indicators: MACD Histogram is signaling a Hidden Bullish divergence. the short term remains in a downtrend.

(Click on image to enlarge)


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