18Mar
NEOUSD Elliott Wave Technical Analysis March 18 2023
NEOUSD Elliott Wave Technical Analysis March 18 2023
4Hour
Neo /U.S.dollar(NEOUSD)
NEOUSD Elliott Wave Technical Analysis
Function: Follow trend
Mode: Motive
Structure: Impulse
Position: Wave ((3))
Direction Next higher Degrees: Wave I of Motive
Details: The rise of wave ((3)) is usually equal to 1.618 multiple of the wavelength ((1)).
Wave Cancel invalid Level: 9.13
Neo /U.S.dollar(NEOUSD)Trading Strategy: Neo has recovered from the 9.13 level above the MA200 line, it is possible that wave ((2)) has ended. And the five-wave increment from this point confirms this idea. This leads us to forecast an increase in wave((3)) at the level of 1.618 x wave((1)) at 15.25
Neo /U.S.dollar(NEOUSD)Technical Indicators: The price is above the MA200 indicating an UpTrend. The wave oscillators above Zero-Line momentum are bullish
Daily
Neo /U.S.dollar(NEOUSD)
NEOUSD Elliott Wave Technical Analysis
Function: Follow trend
Mode: Motive
Structure: Impulse
Position: Wave ((3))
Direction Next higher Degrees: Wave I of Motive
Details: The rise of wave ((3)) is usually equal to 1.618 multiple of the wavelength ((1)).
Wave Cancel invalid Level: 9.13
Neo /U.S.dollar(NEOUSD)Trading Strategy: Neo has recovered from the 9.13 level above the MA200 line, it is possible that wave ((2)) has ended. And the five-wave increment from this point confirms this idea. This leads us to forecast an increase in wave((3)) at the level of 1.618 x wave((1)) at 15.25
Neo /U.S.dollar(NEOUSD)Technical Indicators: The price is above the MA200 indicating an UpTrend. The wave oscillators above Zero-Line momentum are bullish
About the Author
Related
Technical Analysis BTC: Upside target is 51,100 the 61.8% retracement level. Bitcoin Elliott Wave: W...
Read More >
The corrective rally for ETH and BTC as Wave B is well under way. EW: wave v (iii) of c) of B or 4. ...
Read More >
Tron (TRX) is predicted to continue its strong uptrend according to Elliott Wave charts by Kittiampo...
Read More >
AAVE (AAVEUSD) cryptocurrency is currently undergoing a correction in its Elliott Wave structure, ac...
Read More >
Bitcoin and Ethereum are in a bullish trend that will continue higher...Bitcoin Elliott Wave Analysi...
Read More >
According to Kittiampon Somboonsod's Elliott Wave charts, Theta Token (THETAUSD) is expected to ...
Read More >
You need to login in order to comment