15Jan
ETHUSD Elliott Wave Technical Analysis 15 January 2023
ETHUSD Elliott Wave Technical Analysis 15 January 2023
4 Hour
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 1 of Motive
Details: wave III is usually the same length as 1.618 x Wave I
Wave Cancel invalid Level: 1073
Ethereum / U.S.dollar(ETHUSD) Trading Strategy: Ethereum continues to gain strength in an impulse wave pattern and still has two moves left before a correction. Trading during this period must be done with caution.
Ethereum / U.S.dollar(ETHUSD) Technical Indicators: The price is above the MA200 MA50, 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 (V) of Motive
Details: wave III is usually the same length as 1.618 x Wave I
Wave Cancel invalid Level: 1073
Ethereum / U.S.dollar(ETHUSD) Trading Strategy:Ethereum recovered well from the 1073 level and could break the MA200 as a signal of weakening of the downtrend. As a result, the trend may change to an uptrend. And there is a tendency towards the price target at the level of 2943.
Ethereum / U.S.dollar(ETHUSD) Technical Indicators: The price is above the MA200 MA50, indicating an uptrend. The wave oscillators above Zero-Line momentum are bullish
About the Author
Related
In the world of cryptocurrency prediction, Ripple (XRP) has been gaining attention. A notable analys...
Read More >
Elliott Wave charts by Kittiampon Somboonsod 4 Hour - The price is likely to trade below 0.069 as th...
Read More >
Elliott Wave charts by Kittiampon Somboonsod 4 Hour - AAVE token has recovered well from the 50.40 ...
Read More >
Cryptocurrency Bitcoin BTC Technical Analysis Elliott Wave Trading - tradinglounge.com
Overview: On...
Read More >
Will I trust the Dollar or Bitcoin? What am I going to do with my 100k Bitcoin position in this Curr...
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