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AAVE Token (AAVEUSD) Elliott Wave Technical Analysis 14 September 2022


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Elliott Wave Analysis TradingLounge Daily Chart, 14 September 2022, AAVE Token (AAVEUSD)
AAVEUSD Elliott Wave Technical Analysis
Function: Counter trend
Mode: Corrective
Structure: Zigzag
Position: Wave ((C))
Direction Next higher Degrees: Wave II of Motive
Details: A decrease in wave C that is usually equal to wave A at 58.330.

Wave Cancel invalid Level: 45.770757
AAVE Token (AAVEUSD) Trading Strategy: Short-term, the price tends to fal further in wave C that is usual y the same length as wave A, opening up short-term trading opportunities in a downtrend.

AAVE Token (AAVEUSD) Technical Indicators: MACD Histogram has a Hidden Bearish divergence,the price has an opportunity reversal.
TradingLounge Analyst: Kittiampon Somboonsod

1022447611_AAVEDay.thumb.png.e4ade630128bb466ce98870b9dfd8522.png

 

 

Elliott Wave Analysis TradingLounge 4H Chart, 14 September 2022, AAVE Token (AAVEUSD)
AAVEUSD Elliott Wave Technical Analysis
Function: Counter trend
Mode: Corrective
Structure: Zigzag
Position: Wave ((C))
Direction Next higher Degrees: Wave II of Motive
Details: A decrease in wave C that is usually equal to wave A at 58.330.

Wave Cancel invalid Level: 45.770757
AAVE Token (AAVEUSD) Trading Strategy: Short-term, the price tends to fal further in wave C that is usual y the same length as wave A, opening up short-term trading opportunities in a downtrend.

AAVE Token (AAVEUSD) Technical Indicators: MACD and MACD Histogram has a Bearish divergence, the price has an opportunity reversal.

625775014_AAVEH4.thumb.png.045fcc438e67fa316e19138e3e8745c9.png

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