Image Source: UnsplashElliott Wave Analysis TradingLounge Daily ChartVechain/ U.S. dollar(VETUSD)VETUSD Elliott Wave Technical AnalysisFunction: Follow trendMode: MotiveStructure: ImpulsePosition: Wave IIIDirection Next higher Degrees: wave (I) of ImpulseWave Cancel invalid Level:Details: wave 2 is likely to end and price is rising again in wave 3.Vechain/ U.S. dollar(VETUSD)Trading Strategy:
VeChain remains in an uptrend with an impulsive rally. We are currently in the fifth wave, which is incomplete, so the price is likely to continue rising. Watch for a rebound within the uptrend.Vechain/ U.S. dollar(VETUSD)Technical Indicators:
The price is above the MA200 indicating an uptrend. The Wave Oscillator is a Bullish Momentum.
Elliott Wave Analysis TradingLounge 4hr ChartVechain/ U.S. dollar(VETUSD)VETUSD Elliott Wave Technical AnalysisFunction: Follow trendMode: MotiveStructure: ImpulsePosition: Wave (3)Direction Next higher Degrees: wave ((1)) of ImpulseWave Cancel invalid Level:Details: the Five-Wave increase in wave (3)Vechain/ U.S. dollar(VETUSD)Trading Strategy:
VeChain remains in an uptrend with an impulsive rally. We are currently in the fifth wave, which is incomplete, so the price is likely to continue rising. Watch for a rebound within the uptrend.Vechain/ U.S. dollar(VETUSD)Technical Indicators:
he price is above the MA200 indicating an uptrend, The Wave Oscillator is a Bullish Momentum.Technical Analyst: Kittiampon SomboonsodSource: Tradinglounge.comMore By This Author:Unlocking ASX Trading Success: Xero Limited
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