05Apr
VETUSD Elliott Wave Technical Analysis April 06 2023

VETUSD Elliott Wave Technical Analysis April 06 2023
4Hour
VeChain /U.S.dollar(VETUSD)
VETUSD Elliott Wave Technical Analysis
Function: Follow trend
Mode: Motive
Structure: Impulse
Position: Wave (3)
Direction Next higher Degrees: wave I of Impulse
Wave Cancel invalid Level: 0.01940
Details: : Wave (3) is usually equal to 1.618 multiplied Length of wave (1)
VeChain /U.S.dollar(VETUSD)Trading Strategy: VeChain is recovering well. And we expect wave ((2)) to end at the level of 0.02144. Five rising waves from this point and the price can break the MA200 line will support this idea. The price is likely to trade above the level of 0.03102.
VeChain /U.S.dollar(VETUSD)Technical Indicators: The price is above the MA200 indicating an UpTrend. The wave oscillators Below Zero-Line momentum are Bearish

Daily
VeChain /U.S.dollar(VETUSD)
VETUSD Elliott Wave Technical Analysis
Function: Follow trend
Mode: Motive
Structure: Impulse
Position: Wave ((3))
Direction Next higher Degrees: wave I of Impulse
Wave Cancel invalid Level: 0.01533
Details: : Wave ((3)) is usually equal to 1.618 multiplied Length of wave ((1))
VeChain /U.S.dollar(VETUSD)Trading Strategy: VeChain is recovering well. And we expect wave ((2)) to end at the level of 0.01940. Five rising waves from this point and the price can break the MA200 line will support this idea. The price is likely to trade above the level of 0.04705.
VeChain /U.S.dollar(VETUSD)Technical Indicators: The price is below the MA200 indicating a Down Trend The wave oscillators above Zero-Line momentum are Bullish

About the Author
Related
Overview: ABC as Wave (4) an Intermediate degree Elliott Wave structure down towards 40 - 45k. Bitco...
Read More >
Cardano (ADAUSD) has recently tested resistance at the MA200 but was unable to hold it, causing a de...
Read More >
Bitcoin Trading Strategy: Building long positions, next is adding on mTL5|50k with the trade setup a...
Read More >
A cryptocurrency prediction article offers technical analysis for AAVEUSD using Elliott Wave charts ...
Read More >
DOTUSD EW Probability: The price may drop again in Wave B or 2. ADAUSD EW Probability: We notice an ...
Read More >
Elliott Wave charts by Kittiampon Somboonsod 4 Hour and Daily - NEO is still under selling pressure ...
Read More >
You need to login in order to comment