Elliott Wave Technical Analysis: Monero Crypto Price News For Thursday, Dec 12

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Elliott Wave Analysis TradingLounge Daily ChartMonero/ U.S. dollar(XMRUSD)XMRUSD Elliott Wave Technical AnalysisFunction: Follow TrendMode: MotiveStructure: ImpulsePosition: Wave ((3))Direction Next higher Degrees: Wave I of ImpulseWave 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. Elliott Wave Analysis TradingLounge 4hr ChartMonero/ U.S. dollar(XMRUSD)XMRUSD Elliott Wave Technical AnalysisFunction: Follow TrendMode: MotiveStructure: ImpulsePosition: Wave ((3))Direction Next higher Degrees: Wave I of ImpulseWave 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 SomboonsodSource: Tradinglounge.comMore By This Author:

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