UNIUSD Elliott Wave Analysis: TradingLounge 1D Chart
Uniswap/ U.S. dollar (UNIUSD) Day Chart Analysis
UNIUSD Elliott Wave Technical Analysis
Function: Counter trend
Mode: Counter
Structure: Double Corrective
Position: Wave (Y)
Direction Next Higher Degree: Wave ((E)) of Impulse
Wave Cancel Invalid Level: N/A
Details: The movement within the triangle pattern appears complete, and the price is expected to rise again.
Uniswap/ U.S. dollar (UNIUSD) Trading Strategy
The correction in Wave ((2)) seems to have ended, which shifts the focus to a potential five-wave rally in Wave 3. With price action in an uptrend, we are looking for opportunities to re-enter the trend.
Uniswap/ U.S. dollar (UNIUSD) Technical Indicators
UNIUSD Elliott Wave Analysis: TradingLounge 4-Hour Chart
Uniswap/ U.S. dollar (UNIUSD) 4-Hour Chart Analysis
UNIUSD Elliott Wave Technical Analysis
Function: Follow trend
Mode: Motive
Structure: Impulse
Position: Wave ((3))
Direction Next Higher Degree: Wave ((3)) of Impulse
Wave Cancel Invalid Level: N/A
Details: Wave 2 seems to have completed, and the price is increasing in Wave 3.
Uniswap/ U.S. dollar (UNIUSD) Trading Strategy
With the correction in Wave ((2)) over, the focus is on the five-wave rally of Wave 3. The price action remains in an uptrend, making it a good point to look for re-entry into the market.
Uniswap/ U.S. dollar (UNIUSD) Technical Indicators
Technical Analyst: Kittiampon Somboonsod
Source: visit Tradinglounge.com and learn From the Experts Join TradingLounge Here See
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