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Monero Elliott Wave technical analysis [Video]

Elliott Wave Analysis TradingLounge.

Monero/ U.S. dollar(XMRUSD).

XMR/USD Elliott Wave technical analysis

Function: Follow Trend.

Mode: Motive.

Structure: Impulse.

Position: Wave ((3)).

Direction next higher degrees: Wave I of Impulse.

Wave cancel invalid level:

Details: The Increase wave ((3)).

Monero/ U.S. dollar(XMRUSD)Trading Strategy:

The wave 3 rally is likely to test the 291.857 level, so look for a consolidation opportunity from a short-term correction.

Monero/ U.S. dollar(XMRUSD)Technical Indicators: The price is above the MA200 indicating an uptrend, The Wave Oscillator is a Bullish Momentum.

 

Monero/ U.S. dollar(XMRUSD).

 

XMR/USD Elliott Wave technical analysis

Function: Follow Trend.

Mode: Motive.

Structure: Impulse.

Position: Wave ((3)).

Direction next higher degrees: Wave I of Impulse.

Wave cancel invalid level:

Details: The Increase wave ((3)).

Monero/ U.S. dollar(XMRUSD)Trading Strategy:

The wave 3 rally is likely to test the 291.857 level, so look for a consolidation opportunity from a short-term correction.

Monero/ U.S. dollar(XMRUSD)Technical Indicators: The price is above the MA200 indicating an uptrend, The Wave Oscillator is a Bullish Momentum.

 

Technical analyst: Kittiampon Somboonsod.

 

XMR/USD Elliott Wave technical analysis [Video]

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