15Feb
BTCUSD Elliott Wave Technical Analysis February 15 2023
BTCUSD Elliott Wave Technical Analysis February 15 2023
4Hour
Bitcoin /U.S.dollar(BTCUSD)
Elliott Wave Technical Analysis
Function: Follow trend
Mode: Motive
Structure: Impulse
Position: Wave ((5))
Direction Next higher Degrees: wave I of Motive
Details: Wave ((5)) equals wave ((1)) at 24400
Wave Cancel invalid level: 18475
Bitcoin /U.S.dollar(BTCUSD) Trading Strategy: Bitcoin has recovered from the same MA200 level reversing wave 4, making the price more likely to rise in wave 5 that could lead to the 24349 level.
Bitcoin /U.S.dollar(BTCUSD) Technical Indicators: The price is above the MA200 indicating an UpTrend. The wave oscillators above Zero-Line momentum are bullish
Daily
Bitcoin /U.S.dollar(BTCUSD)
Elliott Wave Technical Analysis
Function: Follow trend
Mode: Motive
Structure: Impulse
Position: Wave ((5))
Direction Next higher Degrees: wave I of Motive
Details: Wave ((5)) equals wave ((1)) at 24400
Wave Cancel invalid level: 18475
Bitcoin /U.S.dollar(BTCUSD) Trading Strategy: Bitcoin has recovered from the same MA200 level reversing wave 4, making the price more likely to rise in wave 5 that could lead to the 24349 level.
Bitcoin /U.S.dollar(BTCUSD)Technical Indicators: The price is above the MA200 indicating an UpTrend. The wave oscillators Below Zero-Line momentum are bearish
About the Author
Related
Aave's price prediction is analyzed through Elliott Wave charts by Kittiampon Somboonsod, who pr...
Read More >
Kittiampon Somboonsod's Elliott Wave charts and technical analysis predict a correction for Bitc...
Read More >
For Bitcoin to remain bullish the 46,500 needs to remain the support. BTC Trading Strategy: Expectin...
Read More >
Elliott Wave charts by Kittiampon Somboonsod 4 Hour and Daily - Bitcoin price remains under heavy se...
Read More >
Ethereum (ETH) price prediction using Elliott Wave and technical analysis suggests a risk of correct...
Read More >
A technical analysis and price prediction for Aave (AAVEUSD) cryptocurrency using Elliott Wave theor...
Read More >
You need to login in order to comment