Cardano (ADAUSD) Elliott Wave Technical Analysis 21 October 2022
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10/06/21 10:53
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By tradinglounge · Posted
Elliott Wave Analysis TradingLounge Daily Chart, 29 March 23, Cardano /U.S.dollar(ADAUSD) ADAUSD Elliott Wave Technical Analysis Function: Follow trend Mode: Motive Structure: Impulse Position: Wave III Direction Next higher Degrees: wave (I) of Impulse Wave Cancel invalid Level: 0.045 Details: Wave II is likely to end at the level of 0.055 and a five-wave rise from this level will confirm it. Cardano /U.S.dollar(ADAUSD)Trading Strategy: Cardano has recovered well and we expect wave ((2)) to end at the level of 0.2977. Five waves of rise from this point and the price can break the MA200 line will support this idea. where the price is likely to trade above the level of 0.5787. Cardano /U.S.dollar(ADAUSD)Technical Indicators: The price is Below the MA200 indicating a DownTrend. The wave oscillators above Zero-Line momentum are Bullish. TradingLounge Analyst: Kittiampon Somboonsod, CEWA Source : Tradinglounge.com get trial here! Elliott Wave Analysis TradingLounge 4H Chart, 29 March 2023, Cardano /U.S.dollar(ADAUSD) Tuesday 29 March 23 ADAUSD Elliott Wave Technical Analysis Function: Follow trend Mode: Motive Structure: Impulse Position: Wave ((3)) Direction Next higher Degrees: wave III of Impulse Wave Cancel invalid Level: 0.045 Details: Wave II is likely to end at the level of 0.05688 and a five-wave rise from this level will confirm it. Cardano /U.S.dollar(ADAUSD)Trading Strategy: Cardano has recovered well and we expect wave ((2)) to end at the level of 0.2977. Five waves of rise from this point and the price can break the MA200 line will support this idea. where the price is likely to trade above the level of 0.450. Cardano /U.S.dollar(ADAUSD)Technical Indicators: The price is above the MA200 indicating an UpTrend. The wave oscillators above Zero-Line momentum are Bullish. -
By tradinglounge · Posted
Discover profitable European stock market opportunities using Elliott Wave theory. Our investing and trading strategies cover popular indices such as DAX 40, FTSE 100, and DXY, as well as currency pairs like GBPUSD and EURUSD. Our latest market analysis cannot confirm a bearish count for DAX, GBP, and EURUSD, indicating potential further upside. Our Elliott Wave analysis suggests day traders should go long, while position traders should wait for better opportunities. Take advantage of our insights to maximize your profits in the European stock market. European Stock Market Elliott Wave Investing / Trading Strategies Content DAX 40 - FTSE 100 - DXY - GBPUSD - EURUSD Market Summary Cannot confirm the bearish count for the DAX GBP EURUSD Elliott Wave Analysis Indices, day traders long, position traders wait. Trading Strategies Further upside for DAX FTSE GBP and EURUSD Video Chapters 00:00 DAX 40 (GDAXI) 03:10 UKX / FTSE 100 10:05 Forex GBPUSD / EURUSD / DXY 24:43 Thanks for watching! Analyst Peter Mathers TradingLounge™ Australian Financial Services Licence - AFSL 317817 Source: tradinglounge com Level Up - Test the Trial Service!
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