Uniswap (UNIUSD) Elliott Wave Technical Analysis 14 October 2022
Uniswap (UNIUSD)
UNIUSD Elliott Wave Technical Analysis
Function: Follow trend
Mode: Motive
Structure: Impulse
Position: Wave (3)
Direction Next higher Degrees: wave ((3)) of Motive
Details: the rise of the third wave tends to be greater than 1.618 x the first wave at 8.49.
Wave Cancel invalid Level: 5.388
Uniswap (UNIUSD)Trading Strategy: The price tends to trade above the 9.817 level, but
even so, be aware of the resistance at the MA200 line, if it fails to pass, the price may drop
again.
Uniswap (UNIUSD)Technical Indicators: MACD Histogram has hidden bullish divergence,
MACD above zero line bullish momentum.
Uniswap (UNIUSD)
UNIUSD Elliott Wave Technical Analysis
Function: Follow trend
Mode: Motive
Structure: Impulse
Position: Wave (3)
Direction Next higher Degrees: wave ((3)) of Motive
Details: the rise of the third wave tends to be greater than 1.618 x the first wave at 8.49.
Wave Cancel invalid Level: 5.388
Uniswap (UNIUSD)Trading Strategy: The price tends to trade above the 7.079 level, and
the third wave tends to be greater than 1.618 x the first wave at 8.49. This could be an
opportunity to open a long position.
Uniswap (UNIUSD)Technical Indicators: MACD Histogram has bullish divergence, MACD
has hidden bullish divergence, The price has a chance to reverse an uptrend.
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