25Oct

Bitcoin/U.S. dollar(BTCUSD) Elliott Wave Technical Analysis 25 October 23

Elliott Wave Analysis TradingLounge Daily Chart, 25 October 23,

Bitcoin/U.S. dollar(BTCUSD)

BTCUSD Elliott Wave Technical Analysis

Function: Follow Trend

Mode: Motive

Structure: Impulse

Position: Wave((3))

Direction Next higher Degrees: wave I of Impulse

Wave Cancel invalid level:

Details: Impulse's five-wave rise.

Bitcoin/U.S. dollar(BTCUSD)Trading Strategy: Bitcoin surges sharply Supported by good news Following the approval of Bitcoin spot ETFs, we predict five Impulse Waves, with the current third wave increasing at the end of the day. Watch out for a correction in the fourth wave before rising again in the fifth wave.

Bitcoin/U.S. dollar(BTCUSD)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!

BTCUSD-Crypto-Day-Ch...


 

Elliott Wave Analysis TradingLounge 4H Chart, 25 October 23,

Bitcoin/U.S. dollar(BTCUSD)

BTCUSD Elliott Wave Technical Analysis

Function: Follow Trend

Mode: Motive

Structure: Impulse

Position: Wave((3))

Direction Next higher Degrees: wave I of Impulse

Wave Cancel invalid level:

Details: Impulse's five-wave rise.

Bitcoin/U.S. dollar(BTCUSD)Trading Strategy: Bitcoin surges sharply Supported by good news Following the approval of Bitcoin spot ETFs, we predict five Impulse Waves, with the current third wave increasing at the end of the day. Watch out for a correction in the fourth wave before rising again in the fifth wave.

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

 

BTCUSD-Crypto-4Hour-...

Related

Optimize Crypto Investments and Trading Strategies With Uniswap Crypto Price News Today Elliott Wave Technical Analysis

Optimize Crypto Investments and Trading Strategies With Uniswap Crypto Price News Today Elliott Wave Technical Analysis

This article provides a comprehensive Elliott Wave analysis of UNIUSD, offering insights into Uniswa...

Read More >
XRP Crypto Price News Today Elliott Wave Technical Analysis: Predicting Price Movements and Strategies

XRP Crypto Price News Today Elliott Wave Technical Analysis: Predicting Price Movements and Strategies

Gain insights into XRP/USD with our Elliott Wave analysis. Learn about XRP price predictions, tradin...

Read More >
ASX Trading Success: ASX LIMITED - ASX Stock Analysis & Elliott Wave Technical Forecast

ASX Trading Success: ASX LIMITED - ASX Stock Analysis & Elliott Wave Technical Forecast

This article offers an in-depth Elliott Wave analysis of ASX Limited, providing detailed insights in...

Read More >
Uniswap Crypto Price News Today: UNIUSD Elliott Wave Technical Analysis, Price Prediction, and Trading Insights

Uniswap Crypto Price News Today: UNIUSD Elliott Wave Technical Analysis, Price Prediction, and Trading Insights

This article provides an in-depth Elliott Wave analysis of Uniswap (UNIUSD), focusing on key technic...

Read More >
Ethereum Elliott Wave Analysis: Detailed ETHUSD Price Prediction, Support & Resistance Levels, and Market Trends

Ethereum Elliott Wave Analysis: Detailed ETHUSD Price Prediction, Support & Resistance Levels, and Market Trends

Ethereum Elliott Wave analysis to understand ETH/USD price trends, key support and resistance levels...

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