Ethereum
Technical Analysis of Ethereum Elliott Wave [Video]
Elliott Wave TradingLounge Daily Chart Analysis,
Ethereum/US dollar (ETHUSD).
ETH/USD Elliott Wave Technical Analysis
Function: Counter-trend.
Fashion: Patch.
Structure: Triangle.
Position: Wave C.
Direction of the following higher diplomas: wave (4).
Wave cancels invalid level: 2818.
Details: Movement in the Triangle pattern.
Ethereum/US Dollar (ETHUSD) Trading Strategy:
Movement within the Triangle pattern before price re-enters the main trend. We still have two more moves left in waves D and E, so wait for the correction to end to rejoin the main trend.
Ethereum/US Dollar (ETHUSD)Technical Indicators: Price is above the MA200, indicating a bullish trend, Wave Oscillator is a bearish momentum.
Elliott Wave Analysis H4 chart from TradingLounge,
Ethereum/US dollar (ETHUSD).
Technical Analysis of ETH/USD Elliott Waves
Function: Counter-trend.
Fashion: Patch.
Structure: Triangle.
Position: Wave C.
Direction of the following higher degrees: Wave (4).
Invalid wave cancellation level: 2818.
Details: Movement in the Triangle pattern.
Ethereum/US Dollar (ETHUSD) Trading Strategy:
Movement within the Triangle pattern before price re-enters the main trend. We still have two more moves left in waves D and E, so wait for the correction to end to rejoin the main trend.
Ethereum/US Dollar (ETHUSD)Technical Indicators: Price is below MA200 indicating downtrend, wave oscillator is bearish momentum.
Technical analyst: Kittiampon Somboonsod.
ETH/USD Elliott Wave Technical Analysis [Video]
