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Bitcoin/ U.S. dollar(BTCUSD) Elliott Wave Technical Analysis 11 December 23


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Elliott Wave Analysis TradingLounge Daily Chart, 11 December 23,

Bitcoin/ U.S. dollar(BTCUSD)

BTCUSD Elliott Wave Technical Analysis

Function: Follow Trend

Mode: Motive

Structure: Impulse

Position: Wave((5))

Direction Next higher Degrees: wave I of Impulse

Wave Cancel invalid level:

Details: Wave 4 may end and the price entering to wave 5

Bitcoin/ U.S. dollar(BTCUSD)Trading Strategy :Bitcoin continues to soar But it is the rise of the fifth wave that will provide early warning of a correction or trend change. and has a chance to reach the level 43719.48, which is equal to 61.8% of the length of wave 1 to wave 3.

Bitcoin/ U.S. dollar(BTCUSD)Technical Indicators: The price is above the MA200 indicating an uptrend, Wave Oscillators a Bullish Momentum.

TradingLounge Analyst: Kittiampon Somboonsod, CEWA

 

 

6ede5d13369ecfa790a510e17e69a51f

 

 

 

Elliott Wave Analysis TradingLounge 4H Chart, 11 December 23,

Bitcoin/ U.S. dollar(BTCUSD)

BTCUSD Elliott Wave Technical Analysis

Function: Follow Trend

Mode: Motive

Structure: Impulse

Position: Wave((5))

Direction Next higher Degrees: wave I of Impulse

Wave Cancel invalid level:

Details: Wave 4 may end and the price entering to wave 5

Bitcoin/ U.S. dollar(BTCUSD)Trading Strategy :Bitcoin continues to soar But it is the rise of the fifth wave that will provide early warning of a correction or trend change. and has a chance to reach the level 43719.48, which is equal to 61.8% of the length of wave 1 to wave 3.

Bitcoin/ U.S. dollar(BTCUSD)Technical Indicators: The price is above the MA200 indicating an uptrend, Wave Oscillators a Bullish Momentum.

 

1720d977ec991c0db39eab21b7fc7756

 

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  • 2 weeks later...
On 11/12/2023 at 10:42, tradinglounge said:

Elliott Wave Analysis TradingLounge Daily Chart, 11 December 23,

Bitcoin/ U.S. dollar(BTCUSD)

BTCUSD Elliott Wave Technical Analysis

Function: Follow Trend

Mode: Motive

Structure: Impulse

Position: Wave((5))

Direction Next higher Degrees: wave I of Impulse

Wave Cancel invalid level:

Details: Wave 4 may end and the price entering to wave 5

Bitcoin/ U.S. dollar(BTCUSD)Trading Strategy :Bitcoin continues to soar But it is the rise of the fifth wave that will provide early warning of a correction or trend change. and has a chance to reach the level 43719.48, which is equal to 61.8% of the length of wave 1 to wave 3.

Bitcoin/ U.S. dollar(BTCUSD)Technical Indicators: The price is above the MA200 indicating an uptrend, Wave Oscillators a Bullish Momentum.

TradingLounge Analyst: Kittiampon Somboonsod, CEWA

 

 

6ede5d13369ecfa790a510e17e69a51f

 

 

 

Elliott Wave Analysis TradingLounge 4H Chart, 11 December 23,

Bitcoin/ U.S. dollar(BTCUSD)

BTCUSD Elliott Wave Technical Analysis

Function: Follow Trend

Mode: Motive

Structure: Impulse

Position: Wave((5))

Direction Next higher Degrees: wave I of Impulse

Wave Cancel invalid level:

Details: Wave 4 may end and the price entering to wave 5

Bitcoin/ U.S. dollar(BTCUSD)Trading Strategy :Bitcoin continues to soar But it is the rise of the fifth wave that will provide early warning of a correction or trend change. and has a chance to reach the level 43719.48, which is equal to 61.8% of the length of wave 1 to wave 3.

Bitcoin/ U.S. dollar(BTCUSD)Technical Indicators: The price is above the MA200 indicating an uptrend, Wave Oscillators a Bullish Momentum.

 

1720d977ec991c0db39eab21b7fc7756

 

BTC LTF-

IMG_9369.png

IMG_20231222_100633.jpg

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