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Uniswap crypto price news today Elliott Wave technical analysis [Video]

Elliott Wave Analysis TradingLounge.

UniSwap / U.S. dollar(UNIUSD).

UNI/USD Elliott Wave technical analysis

Function: Counter trend.

Mode: Corrective.

Structure: Flat.

Position: Wave C.

Direction next higher degrees: Wave C of (4).

Wave cancel invalid level:

Details: The corrective of Wave (4) before Increase again in Wave (5).

UniSwap / U.S. dollar(UNIUSD)Trading Strategy:

the decline in wave (4) before another rise in wave (5) so the price is still in an uptrend and we are looking for a resumption of the trend.

UniSwap / U.S. dollar(UNIUSD)Technical Indicators: The price is above the MA200 indicating an uptrend, The Wave Oscillator is a Bullish Momentum.

Chart

UniSwap / U.S. dollar(UNIUSD).

UNI/USD Elliott Wave technical analysis

Function: Counter trend.

Mode: Corrective.

Structure: Flat.

Position: Wave C.

Direction Next higher Degrees: Wave C of (4).

Wave cancel invalid level:

Details: The corrective of Wave (4) before Increase again in Wave (5).

UniSwap / U.S. dollar(UNIUSD)Trading Strategy:

the decline in wave (4) before another rise in wave (5) so the price is still in an uptrend and we are looking for a resumption of the trend.

UniSwap / U.S. dollar(UNIUSD)Technical Indicators: The price is above the MA200 indicating an uptrend, The Wave Oscillator is a Bullish Momentum.

Chart

Technical analyst: Kittiampon Somboonsod.

UNIUSD Elliott Wave Technical Analysis [Video]

Author

Peter Mathers

Peter Mathers

TradingLounge

Peter Mathers started actively trading in 1982. He began his career at Hoei and Shoin, a Japanese futures trading company.

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