09Nov

Ethereum/ U.S. dollar(ETHUSD) Elliott Wave Technical Analysis 9 November 23

Elliott Wave Analysis TradingLounge Daily Chart, 9 November 23,

Ethereum/ U.S. dollar(ETHUSD)
ETHUSD Elliott Wave Technical Analysis
Function: Follow Trend
Mode: Motive
Structure: Impulse
Position: Wave ((3))
Direction Next higher Degrees: wave 1 of Impulse
Wave Cancel invalid level:
Details: The correction is likely to end at the level of 1520. A five-wave increase
supports this idea.
Ethereum/ U.S. dollar(ETHUSD)Trading Strategy: The correction in wave ((2)) is likely to
end at the level of 1520.85, and the five-wave increase will support this idea.
Therefore, we are waiting for another correction to join the trend.

Ethereum/ U.S. dollar(ETHUSD)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!


ETHUSD-day-Crypto

Elliott Wave Analysis TradingLounge 4H Chart, 9 November 23,

Ethereum/ U.S. dollar(ETHUSD)
ETHUSD Elliott Wave Technical Analysis
Function: Follow Trend
Mode: Motive
Structure: Impulse
Position: Wave 1
Direction Next higher Degrees: wave 1 of Impulse
Wave Cancel invalid level:
Details: Wave 5 is usually equal to .618 multiplied Length of wave 1 through wave 3.

Ethereum/ U.S. dollar(ETHUSD)Trading Strategy: The correction in wave ((2)) is likely to
end at the level of 1520.85, and the five-wave increase will support this idea.
Therefore, we are waiting for another correction to join the trend.

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

ETHUSD-4hr-Crypto

Related

Unleash Profits: Elliott Wave Analysis & Strategies for SP500, NASDAQ 100, RUSSELL 2000, DAX 40, FTSE 100, ASX 200

Unleash Profits: Elliott Wave Analysis & Strategies for SP500, NASDAQ 100, RUSSELL 2000, DAX 40, FTSE 100, ASX 200

Stock Market Indices Overview: S&P 500, SPY, NASDAQ 100, QQQ, RUSSELL 2000, DAX 40, FTSE 100, ASX 20...

Read More >
Chainlink /U.S. Dollar Crypto Price News & LINKUSD Elliott Wave Forecast: Bullish Wave (3) Targets $18.94 and Resistance at $22

Chainlink /U.S. Dollar Crypto Price News & LINKUSD Elliott Wave Forecast: Bullish Wave (3) Targets $18.94 and Resistance at $22

This Elliott Wave breakdown of LINKUSD highlights bullish momentum targeting $18.94. Key support hol...

Read More >
Valuable insights into Euro/U.S. Dollar Forex Trends and Trading Strategies - EURUSD Elliott Wave Technical Analysis

Valuable insights into Euro/U.S. Dollar Forex Trends and Trading Strategies - EURUSD Elliott Wave Technical Analysis

This EURUSD technical analysis provides a detailed Elliott Wave forecast, covering key levels, wave ...

Read More >
Comprehensive Cocoa Price Forecast and Elliott Wave Analysis: Trading Strategies and Market Trends for Cocoa Futures in 2025

Comprehensive Cocoa Price Forecast and Elliott Wave Analysis: Trading Strategies and Market Trends for Cocoa Futures in 2025

This article provides a detailed analysis of cocoa price movements using Elliott Wave theory, highli...

Read More >
Shanghai Composite Index Elliott Wave Technical Analysis - SSE Investment Insights and Shanghai Composite trading

Shanghai Composite Index Elliott Wave Technical Analysis - SSE Investment Insights and Shanghai Composite trading

Gain a deep understanding of Shanghai Composite trading with expert Elliott Wave analysis and action...

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