Elliott Wave Technical Analysis: Uniswap/U.S. Dollar - Wednesday, August 2

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 I of Impulse

Wave Cancel invalid Level: 3.6594

Details: Wave 3 is usually equal to 1.618 multiplied Length of wave 1

Uniswap/U.S. dollar(UNIUSD)Trading Strategy: Uniswap is still in an uptrend. strongly from the rise of wave 3 and recovery from the MA200 line, where wave 3 is usually equal to 1.618 multiplied Length of wave 1.

Uniswap/U.S. dollar(UNIUSD)Technical Indicators: The price is above the MA200 indicating an uptrend, Wave Oscillator are Bearish momentum.

(Click on image to enlarge)

 

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 I of Impulse

Wave Cancel invalid Level: 3.6594

Details: Wave 3 is usually equal to 1.618 multiplied Length of wave 1

Uniswap/U.S. dollar(UNIUSD)Trading Strategy: Uniswap is still in an uptrend. strongly from the rise of wave 3 and recovery from the MA200 line, where wave 3 is usually equal to 1.618 multiplied Length of wave 1

Uniswap/U.S. dollar(UNIUSD)Technical Indicators: The price is above the MA200 indicating an Uptrend, Wave Oscillator are bullish momentum.

(Click on image to enlarge)


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