VET/USD Elliott Wave technical analysis [Video]
|Elliott Wave Analysis TradingLounge Daily Chart, 12 February 24,.
VeChain / U.S. dollar(VETUSD)
VET/USD Elliott Wave technical analysis
Function: Follow trend.
Mode: Motive.
Structure: Impulse.
Position: Wave ((5)).
Direction next higher degrees: Wave I of Impulse.
Wave cancel invalid level: 0.2100.
Details: Wave ((5)) is equal to 61.8% of Wave ((1)) through wave ((3)) at 0.04095.
VeChain /U.S. dollar(VETUSD)trading strategy:
Wave ((4)) appears to have ended at the 0.02506 level and VeChain is increasing in wave ((5)). The target price of wave((5)) is 61.8% of the length of wave ((1)) to wave. ((3)) at the level of 0.04095
VeChain / U.S. dollar(VETUSD)Technical Indicators: The price is above the MA200 indicating an Uptrend, Wave Oscillators a bullish Momentum.
TradingLounge Analyst: Kittiampon Somboonsod, CEWA
Elliott Wave Analysis TradingLounge 4H Chart, 12 February 24,
VET/USD Elliott Wave technical analysis
Function: Follow trend.
Mode: Motive
Structure: Impulse
Position: Wave ((5))
Direction next higher degrees: Wave I of Impulse
Wave cancel invalid level: 0.2100
Details: Wave ((5)) is equal to 61.8% of Wave ((1)) through wave ((3)) at 0.04095
VeChain / U.S. dollar(VETUSD) trading strategy:
Wave ((4)) appears to have ended at the 0.02506 level and VeChain is increasing in wave ((5)). The target price of wave((5)) is 61.8% of the length of wave ((1)) to wave. ((3)) at the level of 0.04095
VeChain / U.S. dollar(VETUSD)Technical Indicators: The price is above the MA200 indicating an Uptrend, Wave Oscillators a bullish Momentum.
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