17Apr
ETHUSD Elliott Wave Technical Analysis April 17 2023
ETHUSD Elliott Wave Technical Analysis April 17 2023
4Hour
Ethereum/U.S.dollar(ETHUSD)
ETHUSD Elliott Wave Technical Analysis
Function: Follow trend
Mode: Motive
Structure: Impulse
Position: Wave (3)
Direction Next higher Degrees: wave ((3)) of Motive
Details: Wave 3 equals 1.618 multiplied Length of wave 1
Wave Cancel invalid level: 1369
Ethereum/U.S.dollar(ETHUSD)Trading Strategy: AAVE Remains in a Strong Uptrend It was able to keep above the MA200 and MA50 lines Thus, the view remains a steady rise of wave (3) that tends to be 1.618 times the length of wave (1) at levels 2478.57
Ethereum/U.S.dollar(ETHUSD)Technical Indicators: The price is above the MA200 indicating an UpTrend. The wave oscillators above Zero-Line momentum are Bullish
Daily
Ethereum/U.S.dollar(ETHUSD)
ETHUSD Elliott Wave Technical Analysis
Function: Follow trend
Mode: Motive
Structure: Impulse
Position: Wave III
Direction Next higher Degrees: wave (I) of Motive
Details: Wave 3 equals 1.618 multiplied Length of wave 1 at 2943.53
Wave Cancel invalid level: 1073.42
Ethereum/U.S.dollar(ETHUSD)Trading Strategy: ETH Remains in a Strong Uptrend It was able to keep above the MA200 and MA50 lines Thus, the view remains a steady rise of wave ((3)) that tends to be 1.618 times the length of wave ((1)) at levels 29043.53
Ethereum/U.S.dollar(ETHUSD)Technical Indicators: The price is above the MA200 indicating an UpTrend. The wave oscillators above Zero-Line momentum are Bullish
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