AAVEUSD Elliott Wave Technical Analysis April 16 2023
4Hour
AAVE Token/U.S.dollar(AAVEUSD)
BNBUSD Elliott Wave Technical Analysis
Function: Follow trend
Mode: Motive
Structure: Impulse
Position: Wave III
Direction Next higher Degrees: wave (I) of Motive
Details: Wave 3 is equal to 1.618 multiplied Length of wave 1 at 446.4
Wave Cancel invalid level: 265.0
AAVE Token/U.S.dollar(AAVEUSD)Trading Strategy: AAVE Remains in a Strong Uptrend It was able to keep above the MA200 and MA50 lines Thus, the view remains a steady rise of wave ((3)) that tends to be 1.618 times the length of wave ((1)) at levels 95.5
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)
BNBUSD Elliott Wave Technical Analysis
Function: Follow trend
Mode: Motive
Structure: Impulse
Position: Wave III
Direction Next higher Degrees: wave (I) of Motive
Details: Wave 3 is equal to 1.618 multiplied Length of wave 1 at 568.8
Wave Cancel invalid level: 220
AAVE Token/U.S.dollar(AAVEUSD)Trading Strategy: AAVE Remains in a Strong Uptrend It was able to keep above the MA200 and MA50 lines Thus, the view remains a steady rise of wave ((3)) that tends to be 1.618 times the length of wave ((1)) at levels 138.400
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
