20Feb
BTCUSD Elliott Wave Technical Analysis February 21 2023

BTCUSD Elliott Wave Technical Analysis February 21 2023
4Hour
Bitcoin /U.S.dollar(BTCUSD)
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)) is likely to end at 25270, watch out for a retracement in wave II.
Wave Cancel invalid level: 15479
Bitcoin /U.S.dollar(BTCUSD) Trading Strategy: The fifth wave is the last in a series of five waves. Alert before retracement or trend change And the rise in wave ((5)) is likely to end at the level of 25270. Watch out for a retracement in wave II.
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)
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)) is likely to end at 25270, watch out for a retracement in wave II.
Wave Cancel invalid level: 15479
Bitcoin /U.S.dollar(BTCUSD) Trading Strategy: The fifth wave is the last in a series of five waves. Alert before retracement or trend change And the rise in wave ((5)) is likely to end at the level of 25270. Watch out for a retracement in wave II.
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

About the Author
Related
A technical analysis using Elliott Wave charts by Kittiampon Somboonsod suggests that Aave (AAVEUSD)...
Read More >
Elliott Wave charts by Kittiampon Somboonsod 4 Hour - Bitcoin price continues to be heavily pressure...
Read More >
Elliott Wave charts by Kittiampon Somboonsod 4 Hour - Ethereum continues to gain strength in an impu...
Read More >
Elliott Wave charts by Kittiampon Somboonsod 4 Hour and Daily - BTC BTC is still under selling pres...
Read More >
Binance Coin (BNB) traders and investors may want to pay attention to the Elliott Wave charts by Kit...
Read More >
In this NEOUSD prediction, we analyze the price movement of NEO cryptocurrency using Elliott Wave th...
Read More >
You need to login in order to comment