UNI/USD Elliott Wave technical analysis

Function: Follow trend.

Mode: Motive.

Structure: Impulse.

Position: Wave ((3)).

Direction next higher degrees: Wave I of Impulse.

Wave cancel invalid level: 4.50.

UNI/USD trading strategy

The action of a wave ((3)) in the form of an impulse that is often extended. It is likely to go up to test the 13.291 level, so overall Uniswap is still in an uptrend. and may continue to increase.

Uniswap/ U.S. dollar(UNIUSD)Technical Indicators: The price is above the MA200 indicating an Uptrend, Wave Oscillators a bullish Momentum.

UNI/USD Elliott Wave daily chart

UNIUSD

UNI/USD Elliott Wave technical analysis

Function: Follow trend.

Mode: Motive.

Structure: Impulse.

Position: Wave ((3)).

Direction next higher degrees: wave I of Impulse.

Wave cancel invalid level: 4.50.

UNI/USD trading strategy

The action of a wave ((3)) in the form of an impulse that is often extended. It is likely to go up to test the 13.291 level, so overall Uniswap is still in an uptrend. and may continue to increase.

Uniswap/ U.S. dollar(UNIUSD)Technical Indicators: The price is above the MA200 indicating an Uptrend, Wave Oscillators a bullish Momentum.

UNI/USD Elliott Wave four hour chart

Chart

UNI/USD Elliott Wave analysis [Video]


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Historical results are no guarantee of future returns. Some investments are inherently riskier than others. At worst, you could lose your entire investment. TradingLounge™ uses a range of technical analysis tools, software and basic fundamental analysis as well as economic forecasts aimed at minimizing the potential for loss.

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