UNIUSD Elliott Wave Analysis TradingLounge Daily Chart

Uniswap/ U.S. Dollar (UNIUSD) Daily Chart Analysis

UNIUSD Elliott Wave Technical Analysis

Function: Follow Trend

Mode: Motive

Structure: Impulse

Position: Wave (2)

Direction Next Higher Degrees: Wave (2) of Impulse

Wave Cancel Invalid Level: [Specify Level for SEO Clarity]

Details: Wave 2 appears to be concluding, and the price is beginning to rise in Wave 3.

Uniswap/ U.S. Dollar (UNIUSD) Trading Strategy

The correction in Wave 2 seems to be complete. The focus now shifts to a five-wave rally as part of Wave 3. The price action continues to signal an uptrend, providing an opportunity to re-enter the bullish trend.

Uniswap/ U.S. Dollar (UNIUSD) Technical Indicators

  • The price is trading above the MA200, signaling a sustained uptrend.

  • The Wave Oscillator indicates bullish momentum, further supporting upward price movement.

UNIUSD-1D-Crypto-Cha...


Uniswap/ U.S. Dollar (UNIUSD) 4-Hour Chart

UNIUSD Elliott Wave Technical Analysis

Function: Counter Trend

Mode: Corrective

Structure: Flat

Position: Wave (C)

Direction Next Higher Degrees: Wave (2) of Impulse

Wave Cancel Invalid Level: [Specify Level for SEO Clarity]

Details: The correction in Wave 2 appears complete, and Wave 3 is likely beginning with renewed price increases.

Uniswap/ U.S. Dollar (UNIUSD) Trading Strategy

Wave 2 correction seems resolved, with attention now on a five-wave rally in Wave 3. The uptrend remains intact, offering a strategic opportunity to re-enter long positions aligned with the bullish trend.

Uniswap/ U.S. Dollar (UNIUSD) Technical Indicators

  • The price remains above the MA200, a key indicator of ongoing bullish conditions.

  • The Wave Oscillator reinforces the presence of bullish momentum, aligning with Elliott Wave expectations.

Technical Analyst:  Kittiampon Somboonsod

Source: visit Tradinglounge.com and learn From the Experts Join TradingLounge Here See

Previous: BNBUSD Elliott Wave Technical Analysis

VALUE Offer - Buy 1 Month & Get 3 Months!Click here

Access 7 Analysts Over 200 Markets Covered. Chat Room With Support

UNIUSD-4h-Crypto-Cha...

Related

Highlighting Current Euro Market Trends and Forecasts: Euro Stoxx 50 Index Elliott Wave Technical Analysis

Highlighting Current Euro Market Trends and Forecasts: Euro Stoxx 50 Index Elliott Wave Technical Analysis

The article provides an in-depth Elliott Wave analysis of the Euro Stoxx 50 index, highlighting curr...

Read More >
Understanding the Current Retracement Phase and the Upcoming Bullish Trend - Swiss Market Index Elliott Wave Technical Analysis

Understanding the Current Retracement Phase and the Upcoming Bullish Trend - Swiss Market Index Elliott Wave Technical Analysis

This article provides an in-depth Elliott Wave analysis of the Swiss Market Index, focusing on both ...

Read More >
Impulse Wave iii) Topping—Elliott Wave Analysis of Major Indices and Tech Stocks

Impulse Wave iii) Topping—Elliott Wave Analysis of Major Indices and Tech Stocks

The strong upward movement in major stock indices and tech stocks suggests that impulse wave iii) ma...

Read More >
ASX Stock Analysis offers in-depth Elliott Wave Technical Forecast for ASX LIMITED

ASX Stock Analysis offers in-depth Elliott Wave Technical Forecast for ASX LIMITED

Our comprehensive ASX analysis offers in-depth Elliott Wave insights for ASX LIMITED. Stay updated w...

Read More >
Elliott Wave Analysis and Trading Strategies for NASDAQ and Major Tech Stocks

Elliott Wave Analysis and Trading Strategies for NASDAQ and Major Tech Stocks

This week, our Elliott Wave analysis tracks two bullish counts for the NASDAQ 100 (NDX) and key tech...

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

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

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

Read More >

Buy 1 Month

Get 3 Months!

Special Offer:

Trade Recommendations

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

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

Gain a competive edge with expert insights in to:

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

Equip yourself with the tools of success:

  • Social Chat
  • Elliott Wave Algorithm
  • Screener
  • TradingLevels
  • 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