PYPL Elliott Wave Analysis Trading LoungePayPal Holdings Inc., (PYPL) Daily ChartPYPL Elliott Wave Technical AnalysisFUNCTION: TrendMODE: ImpulsiveSTRUCTURE: MotivePOSITION: Wave {v} of C.DIRECTION: Upside into wave {v}.DETAILS: Looking for a potential ending diagonal in wave {v} as we approach 90$. We have passed equality of potential C vs. A which also makes us think we could be in a wave 3 instead.
PayPal Holdings Inc., (PYPL) 1H ChartPYPL Elliott Wave Technical AnalysisFUNCTION: TrendMODE: ImpulsiveSTRUCTURE: MotivePOSITION: Wave (iii) of {v}.DIRECTION: Upside in wave (iii).DETAILS: Here we are exploring the possibility of further upside in wave {v} towards TradingLvel1 at 100$. Looking for upside into wave (iii).
This Elliott Wave analysis of PayPal Holdings Inc., (PYPL) outlines both the daily and 1-hour chart structures, highlighting the current trends and possible future price movements.* PYPL Elliott Wave Technical Analysis – Daily Chart*PYPL is advancing within wave {v} of wave C, possibly forming an ending diagonal as it approaches the key resistance level at $90. The equality of wave C relative to wave A has been surpassed, which introduces the possibility that instead of an ending diagonal, this could be part of wave 3 in a larger impulsive structure. The focus is on whether PYPL will complete this motive structure or transition into a more extended bullish phase.* PYPL Elliott Wave Technical Analysis – 1H Chart*On the 1-hour chart, PYPL is likely within wave (iii) of {v}, aiming for further upside momentum. The price is expected to move higher towards TradingLevel1 at $100, driven by the bullish continuation of wave (iii) within the overall structure of wave {v}. This suggests a stronger upside push in the near term.Technical Analyst : Alessio BarrettaMore By This Author:Elliott Wave Technical Analysis IBEX 35 Index
Elliott Wave Technical Analysis: Ripple XRP Crypto Price News For Thursday, December 5
Elliott Wave Analysis: Trading Strategies For New Highs In Major Indices
