05Feb
AAVEUSD Elliott Wave Technical Analysis February 05 2023

AAVEUSD Elliott Wave Technical Analysis February 05 2023
4Hour
AAVE /U.S.dollar(AAVEUSD)
AAVEUSD Elliott Wave Technical Analysis
Function: Counter trend
Mode: Motive
Structure: Impulse
Position: Wave ((2))
Direction Next higher Degrees: Wave III of Motive
Wave Cancel invalid Level: 50.173
AAVE /U.S.dollar(AAVEUSD) Trading Strategy: AAVE token has recovered well from the 50.40 level and managed to cross the MA200 line, indicating that an uptrend is forming. The Elliottwave structure is in a correction of wave (2) as a short-term decline before the price rises. again
AAVE /U.S.dollar(AAVEUSD)Technical Indicators: The price is above the MA200, indicating an uptrend. The wave oscillators below Zero-Line Bearish momentum

Daily
AAVE /U.S.dollar(AAVEUSD)
AAVEUSD Elliott Wave Technical Analysis
Function: Counter trend
Mode: Motive
Structure: Impulse
Position: Wave ((2))
Direction Next higher Degrees: Wave III of Motive
Wave Cancel invalid Level: 50.173
AAVE /U.S.dollar(AAVEUSD)Trading Strategy: AAVE token has recovered well from the 50.40 level and managed to cross the MA200 line, indicating that an uptrend is forming. The Elliottwave structure is in a correction of wave (2) as a short-term decline before the price rises. again
AAVE /U.S.dollar(AAVEUSD) Technical Indicators: The price is above the MA200 indicating an uptrend. The wave oscillators above Zero-Line momentum are bullish

About the Author
Related
The billion dollar sell off from 65000 sends cryptos into a large corrective pattern. Bitcoin Elliot...
Read More >
Elliott Wave charts by Kittiampon Somboonsod 4 Hour and Daily - Chainlink is still under selling pre...
Read More >
A cryptocurrency technical analysis by Kittiampon Somboonsod predicts a potential wave C correction ...
Read More >
Overview: ABC as Wave (4) an Intermediate degree Elliott Wave structure down towards 40 - 45k. Bitco...
Read More >
Technical analyst Kittiampon Somboonsod has used Elliott Wave charts to make a prediction on the The...
Read More >
Theta (THETAUSD) Elliott Wave charts predict a retracement of .786 of the first wavelength for the s...
Read More >
You need to login in order to comment