{"id":317955,"date":"2024-06-06T13:50:32","date_gmt":"2024-06-06T08:20:32","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=317955"},"modified":"2024-06-06T13:50:32","modified_gmt":"2024-06-06T08:20:32","slug":"spotify-technology-s-a-spot-elliott-wave-technical-analysis-video-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/spotify-technology-s-a-spot-elliott-wave-technical-analysis-video-crypto-news\/","title":{"rendered":"Spotify Technology S.A. (SPOT) Elliott Wave technical analysis [Video] &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"fxs_article_content\">\n<h2 class=\"fxs_headline_medium\">SPOT Elliott Wave\u00a0technical analysis<\/h2>\n<p><strong>Function:<\/strong> Trend.<\/p>\n<p><strong>Mode: <\/strong>Impulsive.<\/p>\n<p><strong>Structure<\/strong>: Motive.<\/p>\n<p><strong>Position<\/strong>: Minor 5.<\/p>\n<p><strong>Direction:<\/strong> Upside in Minor 5.\u00a0\u00a0<\/p>\n<p><strong>Details:<\/strong> Looking for upside into Minor wave 5, 0.618 5 vs. 1 stands at 500$. It\u2019s also possible\u00a0we have had wave {iv} instead of 4.<\/p>\n<h3 class=\"fxs_headline_medium\">SPOT Elliott Wave technical analysis \u2013 Daily chart<\/h3>\n<p>In our Elliott Wave analysis of Spotify Technology S.A. (SPOT), we\u00a0observe an impulsive trend characterized by a motive structure. SPOT is currently\u00a0positioned in Minor wave 5, suggesting an upside movement. The target for 0.618 of\u00a0wave 5 vs. wave 1 stands at $500. Additionally, there is a possibility that we have seen\u00a0wave {iv} instead of wave 4, indicating the potential for further upward movement.\u00a0Traders should monitor for continuation signals to confirm the development of Minor\u00a0wave 5.<\/p>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/editorial.fxstreet.com\/miscelaneous\/Spotify-638532584410478896.png\"><\/a><\/p>\n<p>\u00a0\n<\/p>\n<h3 class=\"fxs_headline_medium\">SPOT Elliott Wave technical analysis \u2013 Four-hour chart<\/h3>\n<p>On the 4-hour chart, SPOT is following an impulsive trend within a motive structure,\u00a0specifically in wave {iii}. The current analysis indicates that wave {iii} is unfolding\u00a0nicely towards the end of MG2 at $330, with the 1.618 projection of wave {iii} vs. wave\u00a0{i} at $337. Traders should watch for completion patterns in wave {iii} and potential\u00a0consolidation before wave {iv} begins.<\/p>\n<p><strong>Function:<\/strong> Trend.<\/p>\n<p><strong>Mode: <\/strong>Impulsive.<\/p>\n<p><strong>Structure:<\/strong> Motive.<\/p>\n<p><strong>Position: <\/strong>Wave {iii}.<\/p>\n<p><strong>Direction: <\/strong>Completion in {iii}.<\/p>\n<p><strong>Details: <\/strong>Looking for wave {iii} to unfold nicely towards the end of MG2 at 330$, with 1.618\u00a0{iii} vs. {i} at 337$.<\/p>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/editorial.fxstreet.com\/miscelaneous\/SpotifyChart-638532585639395926.png\"><img decoding=\"async\" alt=\"Chart\" src=\"https:\/\/editorial.fxstreet.com\/miscelaneous\/SpotifyChart-638532585639395926.png\" style=\"width: 900px;height: 522px\" \/><\/a><\/p>\n<p>Welcome to our latest Elliott Wave analysis for Spotify Technology S.A. (SPOT) as of\u00a0June 6, 2024. This analysis provides an in-depth look at SPOT&#8217;s price movements using\u00a0the Elliott Wave Theory, helping traders identify potential opportunities based on current\u00a0trends and market structure. We will cover insights from both the daily and 4-hour charts\u00a0to offer a comprehensive perspective on SPOT&#8217;s market behavior.<\/p>\n<h2 class=\"fxs_headline_medium\">Spotify Technology S.A. (SPOT) Elliott Wave technical analysis [Video]<\/h2>\n<div class=\"youtube_cke fxs_external\">\n<p><iframe loading=\"lazy\" title=\"Spotify Technology S.A. (SPOT) Stocks Elliott Wave Technical Analysis\" width=\"740\" height=\"416\" src=\"https:\/\/www.youtube.com\/embed\/9zLvFnm9tTc?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>SPOT Elliott Wave\u00a0technical analysis Function: Trend. Mode: Impulsive. Structure: Motive. Position: Minor 5. Direction: Upside in Minor 5.\u00a0\u00a0 Details: Looking for upside into Minor wave 5, 0.618 5 vs. 1 stands at 500$. It\u2019s also possible\u00a0we have had wave {iv} instead of 4. SPOT Elliott Wave technical analysis \u2013 Daily chart In our Elliott Wave [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":15162,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,605,246,257,800,307,255,250,252,247,253,249,308,256,254],"class_list":["post-317955","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-chartpatterns","tag-coin","tag-cryptocurrency","tag-elliottwave","tag-equities","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-technical-analysis","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/317955","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=317955"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/317955\/revisions"}],"predecessor-version":[{"id":317958,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/317955\/revisions\/317958"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/15162"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=317955"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=317955"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=317955"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}