Elliott Wave Analysis TradingLounge Daily Chart, 21 January 24,

Uniswap/U.S. dollar(UNIUSD)

UNIUSD Elliott Wave Technical Analysis

Function: Counter trend

Mode: Corrective

Structure: Zigzag

Position: Wave (A)

Direction Next higher Degrees: wave ((2)) of Impulse

Wave Cancel invalid Level: 4.50

Details: After Leading Diagonal complete the Price usually retest 78.6% of Leading Diagonal

Uniswap / U.S. dollar(UNIUSD)Trading Strategy: Uniswap's rise appears to have ended at the 8.4288 level, which was a five-wave Impulse rally in Wave 1. Therefore, the next price structure is a Wave 2 correction pattern with a retracement level of 78.6% Wave 1, so wait for Wave 2 to complete for an opportunity to rejoin the uptrend.

Uniswap / U.S. dollar(UNIUSD)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!

Previous: DOTUSD

UNIUSD-Day-Crypto-Ch...

 


 

Elliott Wave Analysis TradingLounge 4H Chart, 21 January 20.24,

Uniswap/U.S. dollar(UNIUSD)

UNIUSD Elliott Wave Technical Analysis

Function: Counter trend

Mode: Corrective

Structure: Zigzag

Position: Wave (A)

Direction Next higher Degrees: wave ((2)) of Impulse

Wave Cancel invalid Level: 4.50

Details: We missed two more moves. Wave A is complete. Befor Pullback in Wave B

Uniswap / U.S. dollar(UNIUSD)Trading Strategy: Uniswap's rise appears to have ended at the 8.4288 level, which was a five-wave Impulse rally in Wave 1. Therefore, the next price structure is a Wave 2 correction pattern with a retracement level of 78.6% Wave 1, so wait for Wave 2 to complete for an opportunity to rejoin the uptrend.

Uniswap / U.S. dollar(UNIUSD)Technical Indicators: The price is Above the MA200 indicating an uptrend, Wave Oscillators a bullish Momentum.

UNIUSD-4Hr-Crypto-Ch...

Related

Australian Dollar/U.S.Dollar (AUDUSD) Elliott Wave Technical Analysis 22 January 24

Australian Dollar/U.S.Dollar (AUDUSD) Elliott Wave Technical Analysis 22 January 24

Australian Dollar/U.S.Dollar (AUDUSD) Elliott Wave Technical Analysis dated 22 January 24, provides ...

Read More >
 Forex USD/JPY Currency Pair and U.S. Dollar/Japanese Yen (USDJPY) Forex Elliott Wave Technical Analysis

Forex USD/JPY Currency Pair and U.S. Dollar/Japanese Yen (USDJPY) Forex Elliott Wave Technical Analysis

Gain in-depth USD/JPY Elliott Wave analysis knowledge with our comprehensive guide. Learn about curr...

Read More >
Euro/U.S.Dollar(EURUSD) 4 Hour Chart Elliott Wave Technical Analysis 10 January 24

Euro/U.S.Dollar(EURUSD) 4 Hour Chart Elliott Wave Technical Analysis 10 January 24

EURUSD Elliott Wave Analysis dated 10 January 24, provides a comprehensive examination of the Euro/U...

Read More >
Bullish Momentum Continues: BTCUSD Elliott Wave Technical Analysis with potential trading opportunities

Bullish Momentum Continues: BTCUSD Elliott Wave Technical Analysis with potential trading opportunities

The BTCUSD Elliott Wave analysis for February 19, 24 indicates a bullish trend with potential tradin...

Read More >
CAC 40 Index Elliott Wave Technical Analysis: France Market Analysis and Economic Indicators to Maximize Investments

CAC 40 Index Elliott Wave Technical Analysis: France Market Analysis and Economic Indicators to Maximize Investments

This article provides an in-depth Elliott Wave analysis of the CAC 40 index, offering valuable insig...

Read More >
Stay ahead with Today insightful Monero Crypto Price News: XMRUSD Elliott Wave Technical Analysis

Stay ahead with Today insightful Monero Crypto Price News: XMRUSD Elliott Wave Technical Analysis

Explore our comprehensive Monero (XMRUSD) Elliott Wave Analysis for the latest price prediction and ...

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