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
Bitcoin Overview: 46,500 breach sends Bitcoin lower. Bitcoin Technical Analysis: Major Trading Level...
Read More >
ETHUSD 4hour Chart, Tuesday 1 June 2021,15:27(UTC+1) - Corrective wave Type Zigzag,Wave (C) process....
Read More >
Elliott Wave charts by Kittiampon Somboonsod 4 Hour - The Bitcoin price recovery is still doing well...
Read More >
Bitcoin price prediction: Elliott Wave analysis suggests BTCUSD may end at 25270, with a potential r...
Read More >
Chainlink (LINKUSD) has recently recovered from a low of 5.386 and tested resistance at MA200. Howev...
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