ETH/USD Elliott Wave technical analysis 

Function: Follow trend.

Mode: Motive

Structure: Impulse

Position: Wave 5.

Direction next higher degrees: Wave 5 of wave (3).

Details: Wave (5) trend move to test 4692.28

ETH/USD trading strategy

A five-wave increase in the impulse pattern, with the fourth wave appearing to be complete. And the price rose again during the fifth wave. The overall picture tends to rise above the 4150 level again.

ETH/USD technical indicators

The price is above the MA200 indicating an uptrend, the wave oscillator is a bullish momentum.

ETH/USD Elliott Wave technical analysis  

Function: Follow trend.

Mode: Motive

Structure: Impulse

Position: Wave 5

Direction next higher degrees: Wave 5 of wave (3).

Details: Wave (5) trend move to test 4692.28.

ETH/USD trading strategy

A five-wave increase in the impulse pattern, with the fourth wave appearing to be complete. And the price rose again during the fifth wave. The overall picture tends to rise above the 4150 level again.

ETH/USD technical indicators

The price is above the MA200 indicating an uptrend, the wave oscillator is a bullish momentum.

ETH/USD Elliott Wave technical analysis [Video]


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