Elliott Wave Analysis TradingLoungeBitcoin/ U.S. dollar(BTCUSD)BTCUSD Elliott Wave Technical AnalysisFunction: Follow TrendMode: MotiveStructure: Impulseposition: Wave VDirection Next higher Degrees: wave (I)Wave Cancel invalid level: Details: The five-wave rise of wave V is likely equivalent to wave I at the 98360 level.Bitcoin/ U.S. dollar(BTCUSD)Trading Strategy:The correction in wave 2 seems to be over so we focus on the five-wave rally of wave 3 and The price action remains in an uptrend, and we are looking for a re-entry into the trend.Bitcoin/ U.S. dollar(BTCUSD)Technical Indicators: The price is above the MA200 indicating an uptrend, The Wave Oscillator is a Bullish Momentum.
Bitcoin/ U.S. dollar(BTCUSD)BTCUSD Elliott Wave Technical AnalysisFunction: Follow TrendMode: MotiveStructure: Impulseposition: Wave (3)Direction Next higher Degrees: wave ((3))Wave Cancel invalid level: Details: The five-wave rise of wave (3)Bitcoin/ U.S. dollar(BTCUSD)Trading Strategy:The correction in wave 2 seems to be over so we focus on the five-wave rally of wave 3 and The price action remains in an uptrend, and we are looking for a re-entry into the trend.Bitcoin/ U.S. dollar(BTCUSD)Technical Indicators: The price is above the MA200 indicating an uptrend, The Wave Oscillator is a Bullish Momentum.
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