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17Apr

ETHUSD Elliott Wave Technical Analysis April 17 2023

Crypto_Splash-ETH

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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