Jump to content

Ethereum/ U.S. dollar(ETHUSD) Elliott Wave Technical Analysis 7 March 24


Recommended Posts

Elliott Wave Analysis TradingLounge Daily Chart, 7 March 2024,

Ethereum/ U.S. dollar(ETHUSD)

ETHUSD Elliott Wave Technical Analysis

Function: Follow Trend

Mode: Motive

Structure: Impulse

Position: Wave (3)

Direction Next higher Degrees: wave ((3)) of Impulse

Wave Cancel invalid level:

Details: The Rise of the Impulse Wave We still miss two more moves to complete the pattern.

Ethereum/ U.S. dollar(ETHUSD)Trading Strategy:

Ethereum is still in its Wave 3 rally, with two more moves missing to complete the Impulse pattern, a Wave 4 decline and a Wave 5 rally, so Ethereum is still bullish overall. is in a continuous upward trend

Ethereum/ U.S. dollar(ETHUSD)Technical Indicators: The price is above the MA200 indicating an Uptrend, Wave Oscillator is a bullish Momentum.

TradingLounge Analyst: Kittiampon Somboonsod, CEWA

 

 

3013d3d70deec9865f736ce029a41962

 

 

 

Elliott Wave Analysis TradingLounge 4Hr Chart, 7 March 24,

Ethereum/ U.S. dollar(ETHUSD)

ETHUSD Elliott Wave Technical Analysis

Function: Follow Trend

Mode: Motive

Structure: Impulse

Position: Wave ((5))

Direction Next higher Degrees: wave 1 of Impulse

Wave Cancel invalid level:

Details: The Rise of the Impulse Wave We still need two more moves to complete the pattern.

Ethereum/ U.S. dollar(ETHUSD)Trading Strategy:

Ethereum is still in its Wave 3 rally, with two more moves missing to complete the Impulse pattern, a Wave 4 decline and a Wave 5 rally, so Ethereum is still bullish overall. is in a continuous upward trend

Ethereum/ U.S. dollar(ETHUSD)Technical Indicators: The price is above the MA200 indicating an Uptrend, Wave Oscillator is a bullish Momentum.

 

bb09af30454b5c9414c3fc38f1855163

 

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

    • HODL offers a unique approach for crypto investors on BNBChain. Instead of focusing on active trading, you earn rewards simply for holding HODL tokens. Every transaction feeds a pool that gets distributed as BNB tokens to HODLers, essentially rewarding patience. The project goes beyond just transactions, exploring NFTs, Play-to-Earn games, and other ways to generate income for holders. Their innovative contract even automates the reward system, functioning like a built-in sell bot working for you around the clock. If you're a crypto believer who values long-term holding and want to be rewarded for your loyalty, HODL could be a great fit. HODL rose by 80% after its bitget listing.Just remember to do your own research before investing
    • I remember this tournament from last year. Seems they've upped the rewards this time. $5m and multiple modules to compete on. I'll tell my traders friends. This should get their juices up!.
    • The low mcap and daily trading volume makes it attractive to ape in early. The listing on bitget will give it more exposure.
×
×
  • Create New...
us