Bitcoin /U.S.dollar(BTCUSD) Elliott Wave Technical Analysis 11 April 23

Elliott Wave Analysis TradingLounge Daily Chart, 11 April 23,

Bitcoin /U.S.dollar(BTCUSD)

BTCUSD Elliott Wave Technical Analysis

Function: Follow trend

Mode: Motive

Structure: Impulse

Position: Wave III

Direction Next higher Degrees: wave (I) of Motive

Details: Wave 3 is equal to 1.618 or 2.618 multiplied Length of wave 1

Wave Cancel invalid level: 15479

Bitcoin /U.S.dollar(BTCUSD)Trading Strategy: Bitcoin Remains in a Strong Uptrend It was able to keep above the MA200 and MA50 lines and also managed to break through the upper parallel channel. Thus, the view remains a steady rise of wave ((3)) that tends to be 1.618 or 2.618 times the length of wave ((1)) at levels 35433 and 45222.

Bitcoin /U.S.dollar(BTCUSD)Technical Indicators: The price is above the MA200 indicating an UpTrend The wave oscillators above Zero-Line momentum are Bullish.

TradingLounge Analyst: Kittiampon Somboonsod, CEWA

Source : Tradinglounge.com get trial here!

Elliott Wave Analysis TradingLounge 4H Chart, 11 April 23,

Bitcoin /U.S.dollar(BTCUSD)

BTCUSD Elliott Wave Technical Analysis

Function: Follow trend

Mode: Motive

Structure: Impulse

Position: Wave (3)

Direction Next higher Degrees: wave ((3)) of Motive

Details: Wave (3) is equal to 1.618 Length of wave (1)

Wave Cancel invalid level: 27824.73

Bitcoin /U.S.dollar(BTCUSD)Trading Strategy: Bitcoin Remains in a Strong Uptrend It was able to keep above the MA200 and MA50 lines, the view remains a steady rise of wave ((3)) that tends to be 1.618 times the length of wave ((1)) at levels 31503

Bitcoin /U.S.dollar(BTCUSD)Technical Indicators: The price is above the MA200 indicating an UpTrend The wave oscillators above Zero-Line momentum are Bullish.

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  • AndreaClarissa
    ·2023-04-11
    Maybe we can wait for another chance to down to 29000 and buy.
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  • BarbaraWillard
    ·2023-04-11
    Event from HK will make crypto more friendly.
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  • BerniceCarter
    ·2023-04-11
    30000 usd will be a new start from now.
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  • andy1967
    ·2023-04-11
    Okay thanks for sharing.
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  • TKPK
    ·2023-04-11
    thanks for sharing
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  • TigerMum
    ·2023-04-12
    👌
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  • KlC
    ·2023-04-11
    ok
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  • KOKHWA
    ·2023-04-11
    k
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  • Singmeamelodyy
    ·2023-04-11
    ok
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  • llwoo
    ·2023-04-11
    👌🏻
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  • Aysan
    ·2023-04-11
    ok
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  • SG58
    ·2023-04-11
    ok
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  • DoreamonGo
    ·2023-04-11
    Ok
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  • ONG ONG
    ·2023-04-11
    k
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  • Shot
    ·2023-04-11
    ok
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  • ElsonLWT
    ·2023-04-11
    👌
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  • ElsonLWT
    ·2023-04-11

    👌 

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  • Gracejul
    ·2023-04-11
    Ok
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  • twm124
    ·2023-04-11
    ok
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  • Alicelee
    ·2023-04-11
    Ok
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