Ethereum(ETHUSD) Elliott Wave Technical Analysis 26 September 2022

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Elliott Wave Analysis TradingLounge Daily Chart, 26 September 2022, Ethereum(ETHUSD)
ETHUSD Elliott Wave Technical Analysis
Mode: Corrective
Structure: Zigzag
Position: Wave ((C))
Direction Next higher Degrees: Impulse wave II
Details: Wave ((C)) maybe is complete, and the price may rise again Wave Cancel invalid Level: 1220
Ethereum(ETHUSD) Trading Strategy: Bul Market Efforts The price tends to trade above the 2031.39 level as MACD Histogram has a Bul ish divergence, and the price has an opportunity reversal, This could be an opportunity to open a long position.

Ethereum(ETHUSD)Technical Indicators: MACD and MACDHistogram has a Bullish divergence, and the price has an opportunity reversal.

TradingLounge Analyst: Kittiampon Somboonsod

 

 

 

 

Elliott Wave Analysis TradingLounge 4H Chart, 26 September 2022,
Ethereum(ETHUSD)
ETHUSD Elliott Wave Technical Analysis
Mode: Corrective
Structure: Zigzag
Position: Wave ((C))
Direction Next higher Degrees: Impulse wave II
Details: Wave ((C)) maybe is complete, and the price may rise again Wave Cancel invalid Level: 1220
Ethereum(ETHUSD) Trading Strategy: Bul Market Efforts The price tends to trade above the 2031.39 level as MACD and MACD Histogram has a Bul ish divergence, and the price has an opportunity reversal, This could be an opportunity to open a long position.

Ethereum(ETHUSD) Technical Indicators: MACD and MACDHistogram has a Bullish divergence, and the price has an opportunity reversal.