24Oct

VeChain/U.S. dollar(VETUSD) Elliott Wave Technical Analysis 24 October 23

Elliott Wave Analysis TradingLounge Daily Chart, 24 October 23

VeChain/U.S. dollar(VETUSD)

VETUSD Elliott Wave Technical Analysis

Function: Follow trend

Mode: Motive

Structure: Impulse

Position: Wave (3)

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

Wave Cancel invalid Level: 0.01318

Details: wave 3 equal to 161.8% of wave 1 at 0.02759.

VeChain/U.S. dollar(VETUSD) Trading Strategy: The correction is likely to end after the price recovers from the 0.01609 level and can stay above the MA200 line, indicating a strong uptrend. We expect that the price is likely to reach the 161.8% level of wave 1 at the level of 0.02218.

VeChain/U.S. dollar(VETUSD)Technical Indicators: The price is above the MA200 indicating an uptrend, RSI is a Bullish Momentum.

TradingLounge Analyst: Kittiampon Somboonsod, CEWA

Source: Tradinglounge.com get trial here!

VETUSD-Crypto-Day-Ch...

 

Elliott Wave Analysis TradingLounge 4H Chart, 24 October 23,

VeChain/U.S. dollar(VETUSD)

VETUSD Elliott Wave Technical Analysis

Function: Follow trend

Mode: Motive

Structure: Impulse

Position: Wave (3)

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

Wave Cancel invalid Level: 0.01318

Details: wave 3 equal to 161.8% of wave 1 at 0.02257

VeChain/U.S. dollar(VETUSD)Trading Strategy: The correction is likely to end after the price recovers from the 0.01609 level and can stay above the MA200 line, indicating a strong uptrend. We expect that the price is likely to reach the 161.8% level of wave 1 at the level of 0.02218.

VeChain/U.S. dollar(VETUSD)Technical Indicators: The price is above the MA200 indicating an uptrend, RSI is a Bullish Momentum.

VETUSD-Crypto-4Hour-...

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