Jump to content

Monero/U.S. dollar(XMRUSD) Elliott Wave Technical Analysis 14 September 23


Recommended Posts

Elliott Wave Analysis TradingLounge Daily Chart, 14 September 23, 

Monero/U.S. dollar(XMRUSD)

XMRUSD Elliott Wave Technical Analysis

Function: Follow Trend

Mode: Motive

Structure: Impulse

Position: Wave (5)

Direction Next higher Degrees: Wave ((C)) of Zigzag

Wave Cancel invalid Level: 

Details: The decline of wave (5) equal to wav (1) at 131

Monero/U.S. dollar(XMRUSD)Trading Strategy: The Monero still is in a downtrend, as the price is below MA200 also structure wave C is not a complete wich indicates the price will fall and has a importance support at 132.759

Monero/U.S. dollar(XMRUSD)Technical Indicators: The price is below the MA200 indicating a downtrend, MACD and RSI is a Bearish momentum.

TradingLounge Analyst: Kittiampon Somboonsod, CEWA

 

XMRDay.thumb.png.48e78da028c9d7ef9a5d141018afcbe6.png

 

Elliott Wave Analysis TradingLounge 4H Chart, 13 September 23,  

Monero/U.S. dollar(XMRUSD)

XMRUSD Elliott Wave Technical Analysis

Function: Follow Trend

Mode: Motive

Structure: Impulse

Position: Wave (5)

Direction Next higher Degrees: Wave ((C)) of Zigzag

Wave Cancel invalid Level: 

Details: The decline of wave (5) equal to wav (1) at 131

Monero/U.S. dollar(XMRUSD)Trading Strategy: The Monero still is in a downtrend, as the price is below MA200 also structure wave C is not a complete wich indicates the price will fall and has a importance support at 132.759

Monero/U.S. dollar(XMRUSD)Technical Indicators: The price is below the MA200 indicating a downtrend, MACD and RSI is a Bearish momentum.

XMRh4.thumb.png.add51c91ee1a276c36d0a4ed6e070f64.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
  • General Statistics

    • Total Topics
      22,982
    • Total Posts
      95,295
    • Total Members
      43,587
    • Most Online
      7,522
      10/06/21 10:53

    Newest Member
    aroyi
    Joined 22/09/23 03:49
  • Posts

    • Some indices in Asia saw a modest rebound, but the ASX200 and Nikkei continued to fall, following on from yet more heavy losses in the US. Stocks continue to take a battering from the realisation that the Fed would leave US rates at their current levels for a longer period than previously thought, leading to a reversal in equities and a resumption of the losses seen in the early part of September. Today's data is dominated by flash PMIs from around the globe, in the wake of a Bank of Japan statement that left policy unchanged and maintained its dovish outlook. While US futures have recovered slightly, European markets seem set for a choppy open.  
    • Howw? What's the cirteria? Sorry, I was out of the market because of my exam! 🥲
    • Tho whole thing is a big mess actually. SEC Vs crypto! A never ending rivalry! BlackRock, Fidelity, Invesco Spot BTC ETF Application Decisions All Delayed by SEC!   In my opinion, Bull market is coming faster with their arrival!
×
×
  • Create New...
us