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

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December 2022
Elliott Wave charts by Kittiampon Somboonsod 4 Hour and Daily - TRON is still under sell pressure as it remains below the MA200 and MA50, but there is a good recovery from the 0.0452 level, if the price can break above the MA200, it is a signal of an uptrend.
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Elliott Wave charts by Kittiampon Somboonsod 4 Hour and Daily - Polkadot is still under selling pressure as it remains below MA200 and MA50, but showing signs of recovery from the 4.972 level, but selling pressure remains. But even so, as we believe, the price structure in the downtrend has already ended at the level of 4.972, if it falls below, An idea in an uptrend will be broken.
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Elliott Wave charts by Kittiampon Somboonsod 4 Hour and Daily - Chainlink is still under selling pressure as the price remains below the MA200 and MA50, but it has started showing signs of recovery from the 5.525 level. The view is still a pullback to continue down, as the price structure in Impulse is still missing three more waves. so overall It is still a pullback to go down.
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Elliott Wave charts by Kittiampon Somboonsod 4 Hour - Ethereum has recovered well, as the price managed to return above the MA200, and MA50 lines and the Wave oscillator signals a hidden Bullish divergence, so the price is likely to rise again with a target price of 1536.05. Daily - Ethereum price remains under heavy sell pressure below the MA200 MA50, indicating a strong downtrend.
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