Jump to content

Cardano /U.S.dollar(ADAUSD) Elliott Wave Technical Analysis 29 March 23


Recommended Posts

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

 

ADAday.thumb.png.ebaa7baebfb1367129129f782433c6cf.png

 

 

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.

ADAh4.thumb.png.d9c5943c06b40d8f014ad58b1eb941b0.png

Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • image.png

  • Posts

    • Elliott Wave Analysis TradingLounge Daily Chart, Bitcoin/ U.S. dollar(BTCUSD) BTCUSD Elliott Wave Technical Analysis Function: Follow Trend Mode: Motive Structure: Impulse position: Wave V Direction Next higher Degrees: wave (III) Wave Cancel invalid level: 31046.25 Details: Wave IV may be complete and the Price increase again in Wave V Bitcoin/ U.S. dollar(BTCUSD)Trading Strategy: Overall, Bitcoin is still in an uptrend. But it is a period of correction in the fourth wave. which appears to be complete. Therefore, it is an opportunity for us to join the trend once again. Look for opportunities to open long positions.. Bitcoin/ U.S. dollar(BTCUSD)Technical Indicators: The price is above the MA200 indicating an Uptrend, The Wave Oscillator is a Bullish Momentum.   Elliott Wave Analysis TradingLounge H4 Chart, Bitcoin/ U.S. dollar(BTCUSD) BTCUSD Elliott Wave Technical Analysis Function: Follow Trend Mode: Motive Structure: Impulse position: Wave V Direction Next higher Degrees: wave (III) Wave Cancel invalid level: 31046.25 Details: Wave IV may be complete and the Price increase again in Wave V Bitcoin/ U.S. dollar(BTCUSD)Trading Strategy: Overall, Bitcoin is still in an uptrend. But it is a period of correction in the fourth wave. which appears to be complete. Therefore, it is an opportunity for us to join the trend once again. Look for opportunities to open long positions.. Bitcoin/ U.S. dollar(BTCUSD)Technical Indicators: The price is above the MA200 indicating an Uptrend, The Wave Oscillator is a Bullish Momentum.   Technical Analyst : Kittiampon Somboonsod Source : Tradinglounge.com get trial here!  
    • ASX: REA GROUP LTD – REA Elliott Elliott Wave Technical Analysis TradingLounge (1D Chart)   Greetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with REA GROUP LTD – REA. We identified that wave 2-red may have just ended, and wave 3-red could push much higher.     ASX: REA GROUP LTD – REA Elliott Wave Technical Analysis   ASX: REA GROUP LTD – REA 1D Chart (Semilog Scale) Analysis Function: Major trend (Minor degree, red) Mode: Motive Structure: Impulse Position: Wave (iii)-purple of Wave 3-red Details: The outlook suggests that wave 2-red has recently concluded, and wave 3-red is now unfolding to push higher. It is subdividing into waves (i) and (ii)-purple, which have ended, and wave (iii)-purple is opening up to push higher.   Invalidation point: 175.19   ASX: REA GROUP LTD – REA Elliott Wave Technical Analysis TradingLounge (4- Hour Chart) ASX: REA GROUP LTD – REA Elliott Wave Technical Analysis ASX: REA GROUP LTD – REA 4-Hour Chart Analysis Function: Major trend (Minuette degree, purple) Mode: Motive Structure: Impulse Position: Wave ii-blue of Wave (iii)-purple Details: The even shorter-term outlook shows that wave 2-red has completed in the pattern of ((w)), ((x)), ((y))-green, and now wave 3-red is unfolding. It is subdividing into waves (i) and (ii)-purple, which have completed. Currently, wave (iii)-purple is unfolding, and it is further subdividing into wave i-blue. Wave ii-blue is now unfolding to push slightly lower before wave iii-blue resumes to push higher. Invalidation point: 175.19   Conclusion:   Our analysis, forecast of contextual trends, and short-term outlook for ASX: REA GROUP LTD – REA aim to provide readers with insights into the current market trends and how to capitalize on them effectively. We offer specific price points that act as validation or invalidation signals for our wave count, enhancing the confidence in our perspective. By combining these factors, we strive to offer readers the most objective and professional perspective on market trends.   Technical Analyst: Hua (Shane) Cuong, CEWA-M (Master’s Designation) Source : Tradinglounge.com get trial here!  
    • OKX TR (Turkiye) Referans Kodu: 97604921 olarak kullanilir. Dünyada en çok kullanılan, ömür boyu geçerli, en yüksek indirim oranına sahip referans kodudur. Kayıt olurken "Davet Kodu" yazan yere "97604921" yazınız. Alacağınız komisyon indirimi % 30'dur. Ayrıca 250 TL hoş geldiniz hediyesi kazanabilirsiniz.
×
×
  • Create New...
us