Cryptocurrency Elliott Wave Blog!
BTC, ETH, BNB, XRP, ADA, DOT, AAVE, LINK, DOGE, XMR, NEO, THETA, TRX, UNI, VET

17Apr

ETHUSD Elliott Wave Technical Analysis April 17 2023

Crypto_Splash-ETH

ETHUSD Elliott Wave Technical Analysis April 17 2023

4Hour

Ethereum/U.S.dollar(ETHUSD)
ETHUSD Elliott Wave Technical Analysis
Function: Follow trend
Mode: Motive
Structure: Impulse
Position: Wave (3)
Direction Next higher Degrees: wave ((3)) of Motive
Details: Wave 3 equals 1.618 multiplied  Length of wave 1  
Wave Cancel invalid level: 1369


Ethereum/U.S.dollar(ETHUSD)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 2478.57


Ethereum/U.S.dollar(ETHUSD)Technical Indicators: The price is above the MA200 indicating an UpTrend. The wave oscillators above Zero-Line momentum are Bullish

 


Daily

Ethereum/U.S.dollar(ETHUSD)
ETHUSD 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 equals 1.618 multiplied  Length of wave 1  at 2943.53
Wave Cancel invalid level: 1073.42


Ethereum/U.S.dollar(ETHUSD)Trading Strategy: ETH 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 29043.53


Ethereum/U.S.dollar(ETHUSD)Technical Indicators: The price is above the MA200 indicating an UpTrend. The wave oscillators above Zero-Line momentum are Bullish

About the Author

Related

BTCUSD Elliott Wave Technical Analysis May 07 2023

BTCUSD Elliott Wave Technical Analysis May 07 2023

Bitcoin technical analyst Kittiampon Somboonsod has created Elliott Wave charts for BTCUSD, providin...

Read More >
DOTUSD  Elliott Wave Technical Analysis February 23 2023

DOTUSD Elliott Wave Technical Analysis February 23 2023

Polkadot and DOTUSD have seen a recovery and a third wave rise according to Elliott Wave charts by K...

Read More >
DOGEUSD Elliott Wave Technical Analysis 08 November 2022

DOGEUSD Elliott Wave Technical Analysis 08 November 2022

Elliott Wave charts by Kittiampon Somboonsod 4 Hour and Daily - The price tends to move sideways in ...

Read More >
XMRUSD Elliott Wave Technical Analysis 30 November 2022

XMRUSD Elliott Wave Technical Analysis 30 November 2022

Elliott Wave charts by Kittiampon Somboonsod 4 Hour and Daily - verall XMR is continuing to rise, bu...

Read More >
BTCUSD Elliott Wave Technical Analysis February 21 2023

BTCUSD Elliott Wave Technical Analysis February 21 2023

Bitcoin and cryptocurrency traders may be interested in Kittiampon Somboonsod's Elliott Wave cha...

Read More >
ETHUSD Elliott Wave Technical Analysis 3 November 2022

ETHUSD Elliott Wave Technical Analysis 3 November 2022

Elliott Wave charts by Kittiampon Somboonsod 4 Hour - Wave 4 may end and the price tends to rise on ...

Read More >
You need to login in order to comment
WHAT YOUR TRIAL INCLUDES
At TradingLounge we offer our Members access to all areas!
  • Our coverage means you get maximum flexibility in your trading options
  • Analysis updates every day Mon-Fri
  • Elliott Wave specialists
  • Discretionary strategies to take away
Our huge range of markets include charts + videos for:
  • Indices – US, Asian + Euro
  • Commodities – Gold, Oil, Silver, Copper, Iron Ore, Lithium, Uranium, Nickel, DXY, Gold, Silver, GDX, Commodity Futures Markets
  • Forex daily – AUDUSD, EURUSD + US Dollar Index
  • Cryptocurrencies - Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), Ripple (XRP), Cardano (ADA), Polkadot (DOT), Aave (AAVE), Chainlink (LINK),Dogecoin (DOGE), Monero (XMR), Neo (NEO), Theta (THETA),Tron (TRX), Uniswap (UNI), VeChain token (VET)
Also included so your trading can really improve:

Trading Education

Elliott Wave Course

TradingLevels Course

Social chat with other traders

  • Phone + Email support