Jump to content

Ethereum Crypto Price News Today Elliott Wave Technical Analysis


Recommended Posts

Elliott Wave Analysis TradingLounge Daily Chart,
Ethereum/ U.S. dollar(ETHUSD)
ETHUSD Elliott Wave Technical Analysis
Function: Counter Trend
Mode: Corrective
Structure: Triangle
position: Wave C
Direction Next higher Degrees: wave (4)
Wave Cancel invalid level: 2818
Details: Movement within the Triangle pattern.

Ethereum/ U.S. dollar(ETHUSD)Trading Strategy:
Movement within the Triangle pattern before price re-enters the main trend. We still have two moves left in waves D and E, so wait for the correction to complete to rejoin the main trend.

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


Elliott Wave Analysis TradingLounge H4 Chart,
Ethereum/ U.S. dollar(ETHUSD)
ETHUSD Elliott Wave Technical Analysis
Function: Counter Trend
Mode: Corrective
Structure: Triangle
position: Wave C
Direction Next higher Degrees: wave (4)
Wave Cancel invalid level: 2818
Details: Movement within the Triangle pattern.

Ethereum/ U.S. dollar(ETHUSD)Trading Strategy:
Movement within the Triangle pattern before price re-enters the main trend. We still have two moves left in waves D and E, so wait for the correction to complete to rejoin the main trend.

Ethereum/ U.S. dollar(ETHUSD)Technical Indicators: The price is below the MA200 indicating a downtrend, The Wave Oscillator is a Bearish Momentum.

 

Crypto24(1).thumb.png.2ea8ac51ca1473bf555a635c3cb1ef1d.png

Crypto24.thumb.png.0e69f97d0a121f0e583b9f64df7287f6.png

 

Technical Analyst Kittiampon Somboonsod

Source : Tradinglounge.com get trial here!

 

Edited by tradinglounge
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

    • ASX: REECE LIMITED - REH Elliott Elliott Wave Technical Analysis TradingLounge Greetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with REECE LIMITED - REH. We see REH.ASX continuing to push lower with another leg up, and be prepared for a return of the 5-grey wave. ASX: REECE LIMITED - REH 1D Chart (Semilog Scale) Analysis Function: Major trend (Intermediate degree, orange) Mode: Motive Structure: Impulse Position: Wave 4-grey Details: Wave 4-grey is still extending longer than expected and pushing a little lower. Then wave 5-grey may come back to push higher. Invalidation point: 20.73 ASX: REECE LIMITED - REH 4-Hour Chart Analysis Function: Major trend (Minute degree, navy) Mode: Motive Structure: Impulse Position: Wave (v)-orange of Wave ((c))-navy of Wave 4-grey Details: Wave 4-grey is developing as an Expanded Flat, and its wave ((c))-navycontinues to push lower, which itself is subdividing into wave (iv)-orange and it may push a little higher, targeting around 23.50 - 24.17, then wave (iv)-orange will end and wave (v)-orange may return to push lower. And finally after wave 4-grey completes, wave 5-grey will return to push higher. Invalidation point: 26.52 Conclusion: Our analysis, forecast of contextual trends, and short-term outlook for ASX: REECE LIMITED - REH 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! Tags: #REH #TradingLounge #ASXStocks #Stocks #ElliottWave  
    • Elliott Wave Analysis TradingLounge NEO/ U.S. dollar(NEOUSD) NEOUSD Elliott Wave Technical Analysis Function: Counter Trend Mode: Corrective Structure: Flat Position: Wave (2) Direction Next higher Degrees: Wave ((2)) of Impulse Wave Cancel invalid Level: Details:Wave 2 is likely to end and price is rising in wave 3. NEO/ U.S. dollar(NEOUSD)Trading Strategy: The correction in wave 2 seems to be over so we focus on the five-wave rally of wave 3 and The price action remains in an uptrend, and we are looking for a re-entry into the trend. NEO/ U.S. dollar(NEOUSD)Technical Indicators: The price is below the MA200 indicating a downtrend, The Wave Oscillator is a Bearish Momentum. NEO/ U.S. dollar(NEOUSD) NEOUSD Elliott Wave Technical Analysis Function: Counter Trend Mode: Corrective Structure: Flat Position: Wave (2) Direction Next higher Degrees: Wave ((2)) of Impulse Wave Cancel invalid Level: Details:Wave 2 is likely to end and price is rising in wave 3. NEO/ U.S. dollar(NEOUSD)Trading Strategy: The correction in wave 2 seems to be over so we focus on the five-wave rally of wave 3 and The price action remains in an uptrend, and we are looking for a re-entry into the trend. NEO/ U.S. dollar(NEOUSD)Technical Indicators: The price is below the MA200 indicating a downtrend, The Wave Oscillator is a Bearish Momentum. Technical Analyst : Kittiampon Somboonsod Source : Tradinglounge.com get trial here!  
×
×
  • Create New...
us