Uniswap (UNIUSD) Elliott Wave Technical Analysis 10 October 2022

tradinglounge · 2022-10-10T04:06:23+0000

Elliott Wave Analysis TradingLounge Daily Chart, 10 October 2022, Uniswap (UNIUSD) UNIUSD Elliott Wave Technical Analysis Function: Counter trend Mode: Corrective Structure: Zigzag Position: Wave B Direction Next higher Degrees: wave ((2)) of Motive Details: Price tends to trade throwback in wave 2, before rising again, but must not below 5.150 Wave Cancel invalid Level: 5.150 Uniswap (UNIUSD) Trading Strategy: Price tested resistance at the 200 MA line, but failed to pass it tends to reverse again in the second wave before rising in the third wave. Wait for another opportunity to join the trend once the second wave is finished. Uniswap (UNIUSD) Technical Indicators: MACD Histogram has a bearish divergence, short-term price trend a reversal. Tradinglounge Analyst Kittiampon Somboonsod Uniswap (UNIUSD) UNIUSD Elliott Wave Technical Analysis Function: Counter trend Mode: Corrective Structure: Zigzag Position: Wave B Direction Next higher Degrees: wave ((2)) of Motive Details: Price tends to trade throwback in wave 2, before rising again, but must not below 5.150 Wave Cancel invalid Level: 5.150 Uniswap (UNIUSD) Trading Strategy: Price tends to test support at the 200 MA line to reverse again in the second wave before rising in the third wave. Wait for another chance to join the trend once the second wave is finished. Uniswap (UNIUSD) Technical Indicators: MACD and MACD Histogram has a bearish divergence, short-term price trend a reversal.

By tradinglounge,
October 10, 2022 in Cryptocurrency and Blockchain

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Uniswap (UNIUSD) Elliott Wave Technical Analysis 10 October 2022

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