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

22Jan

ADAUSD Elliott Wave Technical Analysis 23 January 2023

Crypto_Splash-ADA

ADAUSD Elliott Wave Technical Analysis 23 January 2023

4 Hour

Cardano/U.S.dollar(ADAUSD)
ADAUSD Elliott Wave Technical Analysis
Function: Follow trend
Mode: Motive
Structure: Impulse
Position: Wave ((3))
Direction Next higher Degrees: wave I of Motive
Wave Cancel invalid level: 0.3240
Details:  wave ((3)) length usually 1.618 x wave 1


Cardano/U.S.dollar(ADAUSD) Trading Strategy: Cardano Coin on the 4 hour chart The price continues to rise, we expect the current structure to be in the third wave of Impulse, usually lasting equal to 1.618 x Wave ((1)) at the level of 0.4965, but the price must not reverse below 0.3240.


Cardano/U.S.dollar(ADAUSD) Technical Indicators: The price is above the MA200 MA50, indicating an uptrend. The wave oscillators above Zero-Line Bullish momentum


Daily

Cardano/U.S.dollar(ADAUSD)
ADAUSD Elliott Wave Technical Analysis
Function: Follow trend
Mode: Motive
Structure: Impulse
Position: Wave ((3))
Direction Next higher Degrees: wave I of Motive
Wave Cancel invalid level: 0.3240
Details:  wave ((3)) length usually 1.618 x wave 1


Cardano/U.S.dollar(ADAUSD) Trading Strategy: Cardano Coin recovered well from the 0.2390 level, and  havs a trend the price a chance to reverse the upward trend. But since the price is still below the MA200, it may cause the price to be pressured by selling pressure. Trading should be done with caution.


Cardano/U.S.dollar(ADAUSD) Technical Indicators: The price is below the MA200, indicating a downtrend. The wave oscillators above Zero-Line Bullish momentum

About the Author

Related

DOTUSD Elliott Wave Technical Analysis April 03 2023

DOTUSD Elliott Wave Technical Analysis April 03 2023

A technical analysis by Kittiampon Somboonsod using Elliott Wave charts predicts a recovery for Polk...

Read More >
TRXUSD Elliott Wave Technical Analysis March 24 2023

TRXUSD Elliott Wave Technical Analysis March 24 2023

According to Kittiampon Somboonsod's Elliott Wave charts, TRON (TRXUSD) is currently in an uptre...

Read More >
UNIUSD Elliott Wave Technical Analysis February 08 2023

UNIUSD Elliott Wave Technical Analysis February 08 2023

Kittiampon Somboonsod's Elliott Wave charts and technical analysis predict a strong recovery tre...

Read More >
DOGEUSD Elliott Wave Technical Analysis May 04 2023

DOGEUSD Elliott Wave Technical Analysis May 04 2023

This article discusses a technical analysis of Dogecoin (DOGE) using Elliott Wave theory and MA200 l...

Read More >
VETUSD Elliott Wave Technical Analysis February 04 2023

VETUSD Elliott Wave Technical Analysis February 04 2023

Elliott Wave charts by Kittiampon Somboonsod 4 Hour - Vechain Coin has recovered well from the 0.015...

Read More >
AAVEUSD Elliott Wave Technical Analysis February 22 2023

AAVEUSD Elliott Wave Technical Analysis February 22 2023

A cryptocurrency prediction article offers technical analysis for AAVEUSD using Elliott Wave charts ...

Read More >
You need to login in order to comment
WHAT YOUR TRIAL INCLUDES
At TradingLounge we offer our Members access to all areas!
  • Our coverage means you get maximum flexibility in your trading options
  • Analysis updates every day Mon-Fri
  • Elliott Wave specialists
  • Discretionary strategies to take away
Our huge range of markets include charts + videos for:
  • Indices – US, Asian + Euro
  • Commodities – Gold, Oil, Silver, Copper, Iron Ore, Lithium, Uranium, Nickel, DXY, Gold, Silver, GDX, Commodity Futures Markets
  • Forex daily – AUDUSD, EURUSD + US Dollar Index
  • Cryptocurrencies - Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), Ripple (XRP), Cardano (ADA), Polkadot (DOT), Aave (AAVE), Chainlink (LINK),Dogecoin (DOGE), Monero (XMR), Neo (NEO), Theta (THETA),Tron (TRX), Uniswap (UNI), VeChain token (VET)
Also included so your trading can really improve:

Trading Education

Elliott Wave Course

TradingLevels Course

Social chat with other traders

  • Phone + Email support