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

05Apr

VETUSD Elliott Wave Technical Analysis April 06 2023

Crypto_Splash-VET

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

XRPUSD Elliott Wave Technical Analysis April 29 2023

XRPUSD Elliott Wave Technical Analysis April 29 2023

According to Kittiampon Somboonsod's Elliott Wave charts, the XRPUSD correction in the fourth wa...

Read More >
LINKUSD Elliott Wave Technical Analysis  10 November 2022

LINKUSD Elliott Wave Technical Analysis 10 November 2022

Elliott Wave charts by Kittiampon Somboonsod 4 Hour and Daily The price is back in the downtrend aga...

Read More >
BTCUSD Elliott Wave Technical Analysis 15 December 2022

BTCUSD Elliott Wave Technical Analysis 15 December 2022

Elliott Wave charts by Kittiampon Somboonsod 4 Hour - Bitcoin has recovered well from the 15479 leve...

Read More >
THETAUSD Elliott Wave Technical Analysis April 02 2023

THETAUSD Elliott Wave Technical Analysis April 02 2023

According to Kittiampon Somboonsod's Elliott Wave charts, THETAUSD is expected to recover well, ...

Read More >
Bitcoin Technical Analysis Elliott Wave 11 Oct 2021

Bitcoin Technical Analysis Elliott Wave 11 Oct 2021

For Bitcoin to remain bullish the 46,500 needs to remain the support. BTC Trading Strategy: Expectin...

Read More >
TRXUSD Elliott Wave Technical Analysis April 18 2023

TRXUSD Elliott Wave Technical Analysis April 18 2023

Tron (TRX) is predicted to continue its strong uptrend according to Elliott Wave charts by Kittiampo...

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