18Oct

VeChain/U.S. dollar(VETUSD) Elliott Wave Technical Analysis 18 October 23

Elliott Wave Analysis TradingLounge Daily Chart, 18 October 23,

VeChain/U.S. dollar(VETUSD)

VETUSD  Elliott Wave Technical Analysis

Function: Counter trend

Mode: Corrective

Structure: Zigzag

Position: Wave (C)

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

Wave Cancel invalid Level: 0.01318

Details: Wave (2) may is end at 0.01628 and the price move to wave(3)

VeChain/U.S. dollar(VETUSD)Trading Strategy: VeChain's overall picture is in a period of correction to accumulate power in Wave 2. The price is likely to come down to test. trend line below before rising again in wave 3

VeChain/U.S. dollar(VETUSD)Technical Indicators: The price is below the MA200 indicating a Downtrend,  RSI is a Bearish Momentum.

TradingLounge Analyst: Kittiampon Somboonsod, CEWA

Source: Tradinglounge.com get trial here!

Crypto-VETUSD-day-ch...

 


 

Elliott Wave Analysis TradingLounge 4H Chart, 18 October 23,

VeChain/U.S. dollar(VETUSD)

VETUSD  Elliott Wave Technical Analysis

Function: Counter trend    

Mode: Corrective

Structure: Double Corrective

Position: Wave Y

Direction Next higher Degrees: wave ((3)) of Impulse

Wave Cancel invalid Level: 0.01318

Details: Wave (2) Equal to 78.6% of wave (1) at 0.015 

VeChain/U.S. dollar(VETUSD)Trading Strategy:  VeChain's overall picture is in a period of correction to accumulate power in Wave 2. The price is likely to come down to test. trend line below before rising again in wave 3

VeChain/U.S. dollar(VETUSD)Technical Indicators: The price is below the MA200 indicating a Downtrend,  RSI is a Bearish Momentum.


Crypto-VETUSD-4hour-...

Related

Detailed Elliott Wave Analysis of ASX Sonic Healthcare Limited (SHL) with Stock Forecasts, Price Targets, and Market Predictions

Detailed Elliott Wave Analysis of ASX Sonic Healthcare Limited (SHL) with Stock Forecasts, Price Targets, and Market Predictions

This detailed Elliott Wave analysis of ASX Sonic Healthcare Limited (SHL) provides insights into the...

Read More >
British Pound/Japanese Yen(GBPJPY) Elliott Wave Technical Analysis: Insightful Market Outlook for February 8, 2024

British Pound/Japanese Yen(GBPJPY) Elliott Wave Technical Analysis: Insightful Market Outlook for February 8, 2024

The provided text offers an in-depth analysis of the GBPJPY currency pair using Elliott Wave princip...

Read More >
Forex Trading and Market Analysis for Currency Pair Euro/U.S. Dollar Using EURUSD)Forex Elliott Wave Technical Analysis

Forex Trading and Market Analysis for Currency Pair Euro/U.S. Dollar Using EURUSD)Forex Elliott Wave Technical Analysis

Our latest EURUSD Elliott Wave analysis offers a detailed look at the current market trends on both ...

Read More >
VanEck Gold Miners ETF – GDX Elliott Wave Analysis: Bullish Impulse Wave, Price Target, Support and Resistance Levels

VanEck Gold Miners ETF – GDX Elliott Wave Analysis: Bullish Impulse Wave, Price Target, Support and Resistance Levels

Elliott Wave analysis of the VanEck Gold Miners ETF (GDX), focusing on the powerful rally phase iden...

Read More >
Euro / U.S. Dollar (EURUSD) Elliott Wave Analysis: Bullish Wave 5 in Focus with Daily and 4-Hour Chart Forecast

Euro / U.S. Dollar (EURUSD) Elliott Wave Analysis: Bullish Wave 5 in Focus with Daily and 4-Hour Chart Forecast

EURUSD Elliott Wave analysis provides a comprehensive breakdown of the current bullish wave structur...

Read More >
U.S. Dollar / Japanese Yen (USDJPY) Forex Elliott Wave Technical Analysis Reveals Key Correction and Wave Breakout Setup

U.S. Dollar / Japanese Yen (USDJPY) Forex Elliott Wave Technical Analysis Reveals Key Correction and Wave Breakout Setup

USDJPY shows a corrective wave 2 unfolding in a broader bullish trend. Watch for reversal signals an...

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