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

Unlock Bovespa Index Insights: Elliott Wave Technical Analysis for Smarter Trading

Unlock Bovespa Index Insights: Elliott Wave Technical Analysis for Smarter Trading

The Bovespa Index Elliott Wave analysis provides in-depth insights into market trends, wave structur...

Read More >
Dogecoin Crypto Elliott Wave Technical Analysis: highlighting price predictions, technical trends, and trading strategies

Dogecoin Crypto Elliott Wave Technical Analysis: highlighting price predictions, technical trends, and trading strategies

This article provides a detailed Elliott Wave analysis for Dogecoin (DOGEUSD), highlighting price pr...

Read More >
Unlocking ASX Trading Success: BLOCK INC. - SQ2 Stock Analysis & Elliott Wave Technical Forecast

Unlocking ASX Trading Success: BLOCK INC. - SQ2 Stock Analysis & Elliott Wave Technical Forecast

This article provides an expert Elliott Wave analysis of BLOCK INC. - SQ2 on the Australian Stock Ex...

Read More >
Crypto Dogecoin market analysis:  DOGEUSD Price News Today Elliott Wave Technical Analysis

Crypto Dogecoin market analysis: DOGEUSD Price News Today Elliott Wave Technical Analysis

This article provides an in-depth DOGEUSD Elliott Wave analysis, focusing on Dogecoin's price tr...

Read More >
British Pound/U.S.Dollar (GBPUSD) Elliott Wave Technical Analysis 8 December 23

British Pound/U.S.Dollar (GBPUSD) Elliott Wave Technical Analysis 8 December 23

Trading Lounge GBPUSD Elliott Wave Analysis Trading Lounge Day and 4-hour Chart for 8 December 23, p...

Read More >

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.

Read more

@Copyright 2024 by tradinglounge.com

Contact Us

Australian no: 02 4787 6020

International no: +61 (2) 47876020

Pay with:

Find us on