01Nov

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

Ranjeet | 01 Nov, 2023 | BTCUSD, Bitcoin, U.S. dollar, Crypto, Crypto Analysis, Crypto Chart, Technical Analysis, Elliott Wave, Elliott Wave Analysis, Bitcoin/U.S. dollar | Cryptocurrencies | 0 Comments | Return|

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-...

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