AAVEUSD Elliott Wave Technical Analysis March 22 2023
4Hour
AAVE Token/U.S.dollar(AAVEUSD)
AAVEUSD 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: 65.0319
AAVE Token/U.S.dollar(AAVEUSD)Trading Strategy: AAVE resumed the upward trend in wave (3) with a chance to reach the 161.8 level of wave (1) at 98.9. In addition, the price has risen above the MA200 line, indicating a continued upward trend in wave (3).
AAVE Token/U.S.dollar(AAVEUSD)Technical Indicators: The price is above the MA200 indicating an UpTrend. The wave oscillators above Zero-Line momentum are bullish
Daily
AAVE Token/U.S.dollar(AAVEUSD)
AAVEUSD 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: 50.173
AAVE Token/U.S.dollar(AAVEUSD)Trading Strategy: AAVE resumed the upward trend in wave ((3)) with a possibility of reaching the 161.8 level of wave ((1)) at 138.122. In addition, if the price rises above the MA200 line, it indicates a continued upward trend. Continuously in waves ((3))
AAVE Token/U.S.dollar(AAVEUSD)Technical Indicators: The price is below the MA200 indicating a downTrend. The wave oscillators above Zero-Line momentum are bullish
