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Uniswap / U.S. dollar(UNIUSD) Elliott Wave Technical Analysis 12 January 24


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Elliott Wave Analysis TradingLounge Daily Chart, 12 January 24,

Uniswap / U.S. dollar(UNIUSD)

UNIUSD Elliott Wave Technical Analysis

Function: Counter trend

Mode: Corrective

Structure: Zigzag

Position: Wave (A)

Direction Next higher Degrees: wave ((2)) of Impulse

Wave Cancel invalid Level: 4.50

Details: After Leading Diagonal complete the Price usually retest 78.6% of Leading Diagonal

Uniswap / U.S. dollar(UNIUSD)Trading Strategy: Uniswap's rise appears to be a Leading Diagonal, found in Wave 1 or Wave A, and has ended at the 8.4288 level, making the current price in the range of a further correction. And there is a chance to test the 4.820 level before rising again.

Uniswap / U.S. dollar(UNIUSD)Technical Indicators: The price is Above the MA200 indicating an uptrend, Wave Oscillators a bullish Momentum.

TradingLounge Analyst: Kittiampon Somboonsod, CEWA

 

 

d6f73700fc1361722bb9813cdbdfb820

 

 

 

Elliott Wave Analysis TradingLounge 4H Chart, 12 January 24,

Uniswap / U.S. dollar(UNIUSD)

UNIUSD Elliott Wave Technical Analysis

Function: Counter trend

Mode: Corrective

Structure: Zigzag

Position: Wave (A)

Direction Next higher Degrees: wave ((2)) of Impulse

Wave Cancel invalid Level: 4.50

Details: We missed two more moves. Wave A is complete. Befor Pullback in Wave B

Uniswap / U.S. dollar(UNIUSD)Trading Strategy: Uniswap's rise appears to be a Leading Diagonal, found in Wave 1 or Wave A, and has ended at the 8.4288 level, making the current price in the range of a further correction. And there is a chance to test the 4.820 level before rising again.

Uniswap / U.S. dollar(UNIUSD)Technical Indicators: The price is Above the MA200 indicating an uptrend, Wave Oscillators a bullish Momentum.

 

fb043151f7dea9fdefe120b569f531d5

 

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