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