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BTCUSD Elliott Wave Technical Analysis 20 December 2022

21Dec

BTCUSD Elliott Wave Technical Analysis 20 December 2022

Kittiampon Samboonsod |21 Dec, 2022 | 0 Comments | Return|

BTCUSD Elliott Wave Technical Analysis 20 December 2022

4 Hour

Bitcoin / U.S.dollar(BTCUSD)
BTCUSD Elliott Wave Technical Analysis
Function: Counter trend
Mode: Corrective
Structure: Zigzag
Position: Wave (B)
Direction Next higher Degrees: wave ((2)) of Motive
Details: Wave retracement ((2)) is usually equal to .618 or .786 x Wave ((1)).
Wave Cancel invalid level: 15479

Bitcoin / U.S.dollar(BTCUSD) Trading Strategy: BTC BTC is still under selling pressure as it remains below MA200 and MA50 wave oscillator below Zero-Line Momentum is Bearish, if the price drops below 15479 it will lead to a Diagonal pattern. be extra careful

Bitcoin / U.S. dollar (BTCUSD)Technical Indicators: The price is below the MA200 MA50, indicating a downtrend. The wave oscillators above Zero-Line momentum are bearish

Daily

Bitcoin / U.S.dollar(BTCUSD)
BTCUSD Elliott Wave Technical Analysis
Function: Counter trend
Mode: Corrective
Structure: Zigzag
Position: Wave (B)
Direction Next higher Degrees: wave ((2)) of Motive
Details: Wave retracement ((2)) is usually equal to .618 or .786 x Wave ((1)).
Wave Cancel invalid level: 15479

Bitcoin / U.S.dollar(BTCUSD) Trading Strategy: BTC BTC is still under selling pressure as it remains below MA200 and MA50 wave oscillator below Zero-Line Momentum is Bearish, if the price drops below 15479 it will lead to a Diagonal pattern. be extra careful

Bitcoin / U.S. dollar (BTCUSD)Technical Indicators: The price is below the MA200 MA50, indicating a downtrend. The wave oscillators above Zero-Line momentum are bearish

About the Author

Kittiampon Samboonsod

Kittiampon Samboonsod

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