27Nov

Bitcoin / U.S. dollar(BTCUSD) Elliott Wave Technical Analysis 27 November 23

Elliott Wave Analysis TradingLounge Daily Chart, 27 November 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: Wave 4 is likely to end at the 35647 level and we are looking at a five-wave surge of Wave 5 that could potentially test the 39624 level, which is equivalent to a post-triangle thrust measurement.

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

Source: Tradinglounge.com get trial here!

BTCUSD-Crypto-Day-Ch...

 

Elliott Wave Analysis TradingLounge 4H Chart, 27 November 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: Wave 4 is likely to end at the 35647 level and we are looking at a five-wave surge of Wave 5 that could potentially test the 39624 level, which is equivalent to a post-triangle thrust measurement.

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

BTCUSD-Crypto-4Hr-Ch...

Related

Natural Gas Commodity Forecast: NG Elliott Wave Technical Analysis Predicts Bullish Rally | Rebounding Strongly Since April

Natural Gas Commodity Forecast: NG Elliott Wave Technical Analysis Predicts Bullish Rally | Rebounding Strongly Since April

Natural Gas has been rebounding strongly since April. Elliott Wave analysis shows a potential bullis...

Read More >
Understand Market Movements or Navigate the France Index Market with CAC 40 Index Elliott Wave Technical Analysis

Understand Market Movements or Navigate the France Index Market with CAC 40 Index Elliott Wave Technical Analysis

This article provides a detailed analysis of the CAC 40 index, offering insights into trading strate...

Read More >
Ethereum/ U.S. dollar(ETHUSD) Elliott Wave Technical Analysis: Potential Upside Moves in Ethereum's Uptrend

Ethereum/ U.S. dollar(ETHUSD) Elliott Wave Technical Analysis: Potential Upside Moves in Ethereum's Uptrend

This post provides detailed Elliott Wave analysis for Ethereum against the US dollar (ETHUSD), focus...

Read More >
Natural Gas Elliott Wave Technical Analysis 12 February 24 Market Trends, Trading Strategies

Natural Gas Elliott Wave Technical Analysis 12 February 24 Market Trends, Trading Strategies

In this comprehensive Natural Gas Elliott Wave Analysis for February 12, traders gain valuable insig...

Read More >
DAX (Germany) Index Wave Technical Analysis: Highlights Key Support at 18530 Amid Strong Upward Market Momentum

DAX (Germany) Index Wave Technical Analysis: Highlights Key Support at 18530 Amid Strong Upward Market Momentum

The DAX index is exhibiting a bullish impulsive Wave 3, suggesting strong upward momentum. Key suppo...

Read More >
Elliott Wave 5 Momentum in DR Reddy Laboratories with Weekly Wave 1 Launch: Bullish Trend Outlook Above 1018 Invalidation Level

Elliott Wave 5 Momentum in DR Reddy Laboratories with Weekly Wave 1 Launch: Bullish Trend Outlook Above 1018 Invalidation Level

Elliott Wave analysis shows bullish momentum in DR Reddy Laboratories: daily Orange Wave 5 is unde...

Read More >

$1 for 2 Weeks

then $29 a month!

What a Special Offer!

Trade Recommendations

Unleash the power of deversified trading with our comprehensive portfolio, covering 250+ markets:

  • Stock Trades
  • Crypto Trades
  • Forex Trades
  • Commodity Trades
Elliott Wave Analysis

Gain a competitive edge with expert insights and AI-powered Elliott Wave charting into:

  • Global Indices
  • US Stocks & ASX Stocks
  • Forex & Crypto
  • Commodities
Top-Notch Trading Tools

Equip yourself with the tools of success:

  • Real-time Chat rooms
  • Elliott Wave Algorithm
  • Portfolio tools
  • TradingLevels
  • Screener
  • Trading Game
7 Elliott Wave Analysts

Stay ahead of the market with daily charts and insightful videos
Your secret to strategic trading!

JOIN HERE


Welcome to TradingLounge (ASIC A.R.No. 321187), specialists in trades, trading education and technical analysis, covering stocks, indices, commodities, forex and cryptocurrencies.

When you join TradingLounge you have access to everything we offer, including trade tools, educational content and a social platform to chat with like-minded investors.

Read more

@Copyright 2024 by tradinglounge.com

Contact Us

Australian no: 02 4787 6020

International no: +61 (2) 47876020

Pay with:

Find us on