27Feb
UNIUSD Elliott Wave Technical Analysis February 28 2023
UNIUSD Elliott Wave Technical Analysis February 28 2023
4Hour
Uniswap/U.S.dollar(UNIUSD)
UNIUSD Elliott Wave Technical Analysis
Function: Counter trend
Mode: Corrective
Structure: Flat
Position: Wave C
Direction Next higher Degrees: wave (I) of Impulse
Details: Retracement of wave ((2)) usually .50 or .618 x Length wave ((1))
Wave Cancel invalid Level: 4.9475
Uniswap/U.S.dollar(UNIUSD)Trading Strategy: Uniswap remains in a correction in wave ((2)) before rallying again in wave ((3)). Retracement of wave ((2)) usually .50 or .618 x. Length wave ((1)) at the level of 5.9505, wait for wave ((2)) to complete to join the trend again.
Uniswap/U.S.dollar(UNIUSD)Technical Indicators: The price is below the MA200 indicating a Downtrend. The wave oscillators below Zero-Line momentum are Bearish
Daily
Uniswap/U.S.dollar(UNIUSD)
UNIUSD Elliott Wave Technical Analysis
Function: Counter trend
Mode: Corrective
Structure: Flat
Position: Wave C
Direction Next higher Degrees: wave (I) of Impulse
Details: Retracement of wave ((2)) usually .50 or .618 x Length wave ((1))
Wave Cancel invalid Level: 4.9475
Uniswap/U.S.dollar(UNIUSD)Trading Strategy: Uniswap remains in a correction in wave ((2)) before rallying again in wave ((3)). Retracement of wave ((2)) usually .50 or .618 x. Length wave ((1)) at the level of 5.9505, wait for wave ((2)) to complete to join the trend again.
Uniswap/U.S.dollar(UNIUSD)Technical Indicators: The price is below the MA200 indicating a Downtrend. The wave oscillators below Zero-Line momentum are Bearish
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