Bitcoin/U.S. dollar(BTCUSD) Elliott Wave Technical Analysis 1 November 23

01Nov

Bitcoin/U.S. dollar(BTCUSD) Elliott Wave Technical Analysis 1 November 23

Elliott Wave Analysis TradingLounge Daily Chart, 1 November 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: The increase continues the Impulse pattern. We are now in wave 3 position and we are still missing two more moves which would cause The price has a chance to rise above 37380.60.

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, 1 November 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: Wave (3) Equal to 423.6% of Wave (1) at 37380.60

Bitcoin/U.S. dollar(BTCUSD)Trading Strategy: The increase continues the Impulse pattern. We are now in wave 3 position and we are still missing two more moves which would cause The price has a chance to rise above 37380.60.

Bitcoin/U.S. dollar(BTCUSD)Technical Indicators: The price is above the MA200 indicating an uptrend, RSI is a Bullish Momentum.
BTCUSD-Crypto-4Hour-...

GPT Understanding Elliottwave Technical analysis for Ethereum (ETHUSD): Ethereum Crypto Price News Today

Ranjeet | 0 Comments

This comprehensive article provides a detailed Elliott Wave analysis of Ethereum (ETHUSD), offering ...

Commodity Market Elliott Wave Analysis: Insights on Bitcoin, Bonds, Yields, and More

PeterM | 0 Comments

Unlocking Market Trends: Discover Elliott Wave Insights on Bitcoin, Bonds, Yields, and More. Stay Ah...

Understand the Forex Market's Direction using Elliott Wave Theory for Australian Dollar/U.S. Dollar: AUDUSD Elliott Wave Technical Analysis

Ranjeet | 0 Comments

This article offers a detailed Elliott Wave analysis of the AUDUSD, covering both day and 4-hour cha...

Potential Future of WTI and Oil Price Trends Based on Elliott Wave Analysis: Crude Oil Commodity Market Outlook

Ranjeet | 0 Comments

This article provides an in-depth Elliott wave analysis of WTI crude oil, highlighting key price mov...

NEOUSD Elliott Wave Analysis: Bullish Setup for Wave (3) | NEO Price Prediction and Swing Trade Strategies for Crypto Traders

Ranjeet | 0 Comments

NEOUSD is stabilising after a major decline, setting up a bullish Elliott Wave (3) rally. Learn key ...

Natural Gas Commodity Elliottwave Technical Analysis: Potential Implications for Future Price Movements

Ranjeet | 0 Comments

This article provides a comprehensive Elliott Wave analysis of the natural gas market. It discusses ...

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.

Quick Links

Contact Us

Australian no: 02 4787 6020

International no: +61 (2) 47876020

Pay with:

Find us on