{"id":321842,"date":"2024-06-12T14:05:33","date_gmt":"2024-06-12T08:35:33","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=321842"},"modified":"2024-06-12T14:05:33","modified_gmt":"2024-06-12T08:35:33","slug":"qualcomm-inc-qcom-elliott-wave-technical-analysis-video-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/qualcomm-inc-qcom-elliott-wave-technical-analysis-video-crypto-news\/","title":{"rendered":"Qualcomm Inc. (QCOM) Elliott Wave technical analysis [Video] &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"fxs_article_content\">\n<p>QUALCOMM Inc., (QCOM) daily <a rel=\"nofollow noopener\" target=\"_blank\" data-fxs-autoanchor=\"\" href=\"https:\/\/www.fxstreet.com\/rates-charts\/chart\">chart<\/a><\/p>\n<h2 class=\"fxs_headline_medium\">QCOM Elliott Wave technical 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> Intermediate (3).<\/p>\n<p><strong>Direction: <\/strong>Top in (3). \u00a0<\/p>\n<p><strong>Details:<\/strong> Looking for continuation\u00a0higher as we are trading above TL2 at 200$. \u00a0<\/p>\n<h3 class=\"fxs_headline_medium\">QCOM Elliott Wave technical analysis \u2013 Daily chart<\/h3>\n<p>In our Elliott Wave analysis of QUALCOMM Inc. (QCOM), we\u00a0observe an impulsive trend characterized by a Motive wave structure. QCOM is\u00a0currently positioned in Intermediate wave (3), indicating a continuation higher as we\u00a0trade above the key trend line (TL2) at $200. The analysis suggests that we are in the\u00a0latter stages of wave (3), with the potential to reach higher levels as the trend unfolds.\u00a0Traders should watch for further upside movements and monitor key resistance levels to\u00a0gauge the strength of the current trend and prepare for potential profit-taking\u00a0opportunities as we approach the\u00a0completion of wave (3).<\/p>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/editorial.fxstreet.com\/miscelaneous\/Qualcomm-638537758380522511.png\"><\/a><\/p>\n<h3 class=\"fxs_headline_medium\">QCOM Elliott Wave technical analysis \u2013 Four-hour chart<\/h3>\n<p>On the 4-hour chart, QCOM is following an impulsive trend within a Motive wave\u00a0structure, specifically in wave 5. The current analysis indicates that QCOM may be\u00a0completing or has already completed a triangle in wave 4. This pattern suggests a\u00a0consolidation phase before a breakout higher. With the completion of wave 4, QCOM is\u00a0now targeting the medium level at $250. Traders should observe this breakout from the\u00a0triangle as a confirmation for entering long positions, with an eye on $250 as a\u00a0potential\u00a0target for wave 5.<\/p>\n<p><strong>Function:<\/strong> Trend.<\/p>\n<p><strong>Mode: <\/strong>Impulsive.<\/p>\n<p><strong>Structure: <\/strong>Motive.<\/p>\n<p><strong>Position:<\/strong> Wave 5.<\/p>\n<p><strong>Direction:<\/strong> Upside in wave 5.<\/p>\n<p><strong>Details: <\/strong>It seems like we are completing or have completed a triangle in wave 4 and we could\u00a0now be targeting medium level at 250$.<\/p>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/editorial.fxstreet.com\/miscelaneous\/Qual-638537760274219699.png\"><img decoding=\"async\" alt=\"Chart\" src=\"https:\/\/editorial.fxstreet.com\/miscelaneous\/Qual-638537760274219699.png\" style=\"width: 900px;height: 522px\" \/><\/a><\/p>\n<p>Welcome to our latest Elliott Wave analysis for QUALCOMM Inc. (QCOM) as of June\u00a012, 2024. This analysis provides an in-depth look at QCOM&#8217;s price movements using the\u00a0Elliott 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 QCOM&#8217;s market behavior.<\/p>\n<h2 class=\"fxs_headline_medium\">Qualcomm Inc. (QCOM) Elliott Wave technical analysis [Video]<\/h2>\n<div class=\"youtube_cke fxs_external\">\n<p><iframe loading=\"lazy\" title=\"QUALCOMM Inc. (QCOM) Stocks Elliott Wave Technical Analysis\" width=\"740\" height=\"416\" src=\"https:\/\/www.youtube.com\/embed\/czLoeIgYrck?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>\n<p>\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>QUALCOMM Inc., (QCOM) daily chart QCOM Elliott Wave technical analysis Function: Trend. Mode: Impulsive. Structure: Motive. Position: Intermediate (3). Direction: Top in (3). \u00a0 Details: Looking for continuation\u00a0higher as we are trading above TL2 at 200$. \u00a0 QCOM Elliott Wave technical analysis \u2013 Daily chart In our Elliott Wave analysis of QUALCOMM Inc. (QCOM), we\u00a0observe [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":57768,"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-321842","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\/321842","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=321842"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/321842\/revisions"}],"predecessor-version":[{"id":321844,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/321842\/revisions\/321844"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/57768"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=321842"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=321842"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=321842"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}