29Apr
XRPUSD Elliott Wave Technical Analysis April 29 2023
XRPUSD Elliott Wave Technical Analysis April 29 2023
4Hour
Ripple /U.S.dollar(XRPUSD)
XRPUSD Elliott Wave Technical Analysis
Function: Counter Trend
Mode: Corrective
Structure: Double Corrective
Position: Wave (Y)
Direction Next higher Degrees: Wave ((4)) of Motive
Wave Cancel invalid level: 0.43307
Details: Wave ((4)) has sufficient retracement. And a five-wave increase will confirm the end of the wave ((4)).
Ripple /U.S.dollar(XRPUSD) Trading Strategy: The fourth wave correction is likely to end. And the price is rising again in the fifth wave. which tends to trade above 0.5848.
Ripple /U.S.dollar(XRPUSD) Technical Indicators: The price is below the MA200 indicating an Uptrend MACD and RSI has Bullish divergence
Daily
Ripple /U.S.dollar(XRPUSD)
XRPUSD Elliott Wave Technical Analysis
Function: Counter Trend
Mode: Corrective
Structure: Double Corrective
Position: Wave (Y)
Direction Next higher Degrees: Wave ((4)) of Motive
Wave Cancel invalid level: 0.43307
Details: Wave ((4)) has sufficient retracement. And a five-wave increase will confirm the end of the wave ((4)).
Ripple /U.S.dollar(XRPUSD) Trading Strategy: The fourth wave correction is likely to end. And the price is rising again in the fifth wave. which tends to trade above 0.5848.
Ripple /U.S.dollar(XRPUSD) Technical Indicators: The price is below the MA200 indicating an Uptrend MACD and RSI has Bullish divergence
About the Author
Related
Elliott Wave charts by Kittiampon Somboonsod 4 Hour and Daily - price continues to be under heavy se...
Read More >
Cryptocurrency Bitcoin BTC Technical Analysis Elliott Wave Trading - tradinglounge.com
Overview: On...
Read More >
According to Kittiampon Somboonsod's Elliott Wave charts for Theta (THETAUSD), there is a potent...
Read More >
Bitcoin and Ethereum tracking two Elliott wave counts.. Appears the Expanded Flat Correction as Wave...
Read More >
Kittiampon Somboonsod's Elliott Wave charts and technical analysis predict a correction for Bitc...
Read More >
Kittiampon Somboonsod's Elliott Wave chart analysis suggests that Ethereum (ETH) is currently in...
Read More >
You need to login in order to comment