05Feb
AAVEUSD Elliott Wave Technical Analysis February 05 2023
AAVEUSD Elliott Wave Technical Analysis February 05 2023
4Hour
AAVE /U.S.dollar(AAVEUSD)
AAVEUSD Elliott Wave Technical Analysis
Function: Counter trend
Mode: Motive
Structure: Impulse
Position: Wave ((2))
Direction Next higher Degrees: Wave III of Motive
Wave Cancel invalid Level: 50.173
AAVE /U.S.dollar(AAVEUSD) Trading Strategy: AAVE token has recovered well from the 50.40 level and managed to cross the MA200 line, indicating that an uptrend is forming. The Elliottwave structure is in a correction of wave (2) as a short-term decline before the price rises. again
AAVE /U.S.dollar(AAVEUSD)Technical Indicators: The price is above the MA200, indicating an uptrend. The wave oscillators below Zero-Line Bearish momentum
Daily
AAVE /U.S.dollar(AAVEUSD)
AAVEUSD Elliott Wave Technical Analysis
Function: Counter trend
Mode: Motive
Structure: Impulse
Position: Wave ((2))
Direction Next higher Degrees: Wave III of Motive
Wave Cancel invalid Level: 50.173
AAVE /U.S.dollar(AAVEUSD)Trading Strategy: AAVE token has recovered well from the 50.40 level and managed to cross the MA200 line, indicating that an uptrend is forming. The Elliottwave structure is in a correction of wave (2) as a short-term decline before the price rises. again
AAVE /U.S.dollar(AAVEUSD) Technical Indicators: The price is above the MA200 indicating an uptrend. The wave oscillators above Zero-Line momentum are bullish
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