02May
ADAUSD Elliott Wave Technical Analysis May 03 2023
ADAUSD Elliott Wave Technical Analysis May 03 2023
4Hour
Cardano /U.S.dollar(ADAUSD)
ADAUSD Elliott Wave Technical Analysis
Function: Reactionary(Counter Trend)
Mode: Corrective
Structure: Zigzag
Position: Wave B
Direction Next higher Degrees: wave (2) of Motive
Details: Wave reversal ((2)) has a probability of .786 x length Wave ((1)).
Wave Cancel invalid level: 0.3892
Cardano /U.S.dollar(ADAUSD)Trading Strategy: There is an additional downside risk of a wave C correction and corresponds with prices below the MA200 line, which provides a general picture of a short-term downtrend. Wait for the fix to finish to join the trend again.
Cardano /U.S.dollar(ADAUSD)Technical Indicators: The price is below the MA200 indicating a Downtrend MACD and RSI are Bearish Momentum
Daily
Cardano /U.S.dollar(ADAUSD)
ADAUSD Elliott Wave Technical Analysis
Function: Reactionary(Counter Trend)
Mode: Corrective
Structure: Zigzag
Position: Wave B
Direction Next higher Degrees: wave (2) of Motive
Details: Wave reversal ((2)) has a probability of .786 x length Wave ((1)).
Wave Cancel invalid level: 0.3892
Cardano /U.S.dollar(ADAUSD)Trading Strategy: There is an additional downside risk of a wave C correction and corresponds with prices below the MA200 line, which provides a general picture of a short-term downtrend. Wait for the fix to finish to join the trend again.
Cardano /U.S.dollar(ADAUSD)Technical Indicators: The price is below the MA200 indicating a Downtrend MACD and RSI are Bearish Momentum
About the Author
Related
Elliott Wave charts by Kittiampon Somboonsod 4 Hour and Daily - AAVE token price remains under selli...
Read More >
Bitcoin price prediction: Elliott Wave analysis suggests BTCUSD may end at 25270, with a potential r...
Read More >
According to Kittiampon Somboonsod's Elliott Wave charts, Theta Token (THETAUSD) is expected to ...
Read More >
Based on Elliott Wave charts analyzed by Kittiampon Somboonsod for Tron's TRXUSD, the price is e...
Read More >
Theta (THETAUSD) Elliott Wave charts predict a retracement of .786 of the first wavelength for the s...
Read More >
Overview: Is now confirmed as an impulse wave, that means the next trend up is confirmed Bitcoin. El...
Read More >
You need to login in order to comment