Overall, VeChain looks like the correction in Wave II has ended at the 0.020 level and the price is rising again in Wave III. Therefore, gold finds an opportunity to rejoin the trend from the pullback.VeChian / 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 H4 ChartVeChian / U.S. dollar(VETUSD)VETUSD Elliott Wave Technical AnalysisFunction: Follow trendMode: MotiveStructure: ImpulsePosition: Wave ((V))Direction Next higher Degrees: wave 3 of ImpulseWave Cancel invalid Level: 0.2100Details: the Five-wave Increase of Wave 3VeChian / U.S. dollar(VETUSD)Trading Strategy:
Overall, VeChain looks like the correction in Wave II has ended at the 0.020 level and the price is rising again in Wave III. Therefore, gold finds an opportunity to rejoin the trend from the pullback.VeChian / U.S. dollar(VETUSD)Technical Indicators:
The price is above the MA200 indicating an Uptrend, The Wave Oscillator is a Bullish Momentum.Technical Analyst: Kittiampon SomboonsodSource: Tradinglounge.com
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