Jump to content

Dogecoin(DOGETUSD) Elliott Wave Analysis 18 August 2022


Recommended Posts

Elliott Wave Analysis TradingLounge Daily Chart, 18 August 2022, Dogecoin(DOGETUSD)
DOGEUSD Elliott Wave Technical Analysis Function: Counter trend
Mode: Corrective
Structure: Zigzag
Position: Wave (C)
Direction Next higher Degrees: wave ((4)) of Impulse Details: reduction in wave ((5)) before are rising again.

Wave Cancel invalid Level :
Dogecoin(DOGETUSD) Trading Strategy: Wave ((4)) seems to have finished and the price wil drop again on wave ((5)), so it's a good opportunity to look for another opportunity to join the downtrend.

Dogecoin(DOGETUSD) Technical Indicators: RSI returns from Overbought Zone TradingLounge Analyst: Kittiampon Somboonsod

160098306_DOGEday.thumb.png.c15a1ce264fbfb5a71cdd77ef4b3510c.png

 

 

 

Elliott Wave Analysis TradingLounge 4H Chart, 17 August 2022, Dogecoin(DOGETUSD)
DOGEUSD Elliott Wave Technical Analysis Function: Follow trend
Mode: Motive
Structure: Impulse
Position: Wave 5
Direction Next higher Degrees: wave (C) of Zigzag Details: decrease again in wave ((5)).

Wave Cancel invalid Level :
Dogecoin(DOGETUSD) Trading Strategy: Wave ((4)) seems to have finished and the price wil drop again on wave ((5)), so it's a good opportunity to look for another opportunity to join the downtrend.

Dogecoin(DOGETUSD) Technical Indicators: RSI Signals Bearish Divergence.

129396653_DOGEH4.thumb.png.780abc87dd841a152068ba670a3c145e.png

Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • General Statistics

    • Total Topics
      21,217
    • Total Posts
      90,793
    • Total Members
      41,326
    • Most Online
      7,522
      10/06/21 10:53

    Newest Member
    Katee13
    Joined 01/02/23 20:28
  • Posts

    • The stock market is moving higher as expected, with the SP500, NASDAQ 100, Russell 2000, and Dow Jones showing an impulse wave structure moving higher, with Elliott Wave (iii) of iii) of 3. Strategies should focus on protecting long trades. Content: SP500 - NASDAQ 100 - RUSSELL 2000 - DOW JONES Summary  Impulse wave structure moving higher Elliott Wave (iii) of iii) of 3 Strategies  Protecting long trades Video Chapters 00:00 S&P500  16:35 NASDAQ 100 (NDX) 17:33 Russell 2000 (RUT) 18:07 Dow Jones (DJI) 19:53 TRIAL Buy 1 Month Get 3 Months Analyst Peter Mathers TradingLounge™ Australian Financial Services Licence - AFSL 317817 Source: tradinglounge com    
    • Name Of Stock -  Novo Integrated Sciences Inc Name of Stock Exchange - NASDAQCm Leverage or share dealing - Share dealing Ticker - NVOS Market cap - £7.5M 
    • Look Ahead to 02/02/23: ECB, BoE; BT, SHEL, GOOGL, AAPL, AMZN earnings A day after the Fed, the European Central Bank and the Bank of England are expected to raise interest rates. Watch out for live coverage from IG’s Chris Beauchamp and Axel Rudolph. Plus, tech, telco and oil earnings dominate, with reports from BT (BT), Shell (SHEL), Infineon (IFXGn), Apple (AAPL), and Amazon (AMZN).            
×
×
  • Create New...