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Dogecoin (DOGEUSD) DOGEUSD Elliott Wave Technical Analysis 28 November 2022


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Elliott Wave Analysis TradingLounge Daily Chart, 28 November 2022,  
Dogecoin (DOGEUSD)
DOGEUSD Elliott Wave Technical Analysis  
Function: Counter trend  
Mode: Corrective  
Structure: Zigzag
Position: Wave B
Direction Next higher Degrees: wave (Y) of Double Corrective
Details: Wave B retraces in a zigzag pattern at the end, and prices will drop again in wave C.
Wave Cancel invalid Level: 0.1581
 
Dogecoin (DOGEUSD) Trading Strategy: The structure in the larger image is reduced with a double corrective pattern in the lower (Y) wave, but because the internal sub-wave of the wave is not yet complete. Overall, there is a chance that the rate will continue to decrease.
 
Dogecoin (DOGEUSD) Technical Indicators: The price is above the MA200 MA50, indicating an uptrend. The Wave oscillator below Zero-Line Momentum is bearish
 
 
 
TradingLounge Analyst: Kittiampon Somboonsod
 
 
1445545913_DOGEday.thumb.png.b7c0576652169d4600e13ef9cb1f1f2e.png
 
 
 
 
 
Elliott Wave Analysis TradingLounge 4H Chart, 28 November 2022,
Dogecoin (DOGEUSD)
DOGEUSD Elliott Wave Technical Analysis  
Function: Counter trend  
Mode: Corrective  
Structure: Zigzag
Position: Wave B
Direction Next higher Degrees: wave (Y) of Double Corrective
Details: Wave B retraces in a zigzag pattern at the end, and prices will drop again in wave C.
Wave Cancel invalid Level: 0.1581
 
Dogecoin (DOGEUSD) Trading Strategy: The structure in the larger image is reduced with a double corrective pattern in the lower (Y) wave, but because the internal sub-wave of the wave is not yet complete. Overall, there is a chance that the rate will continue to decrease.
 
Dogecoin (DOGEUSD) Technical Indicators: The price is above the MA200 MA50, indicating an uptrend. The Wave oscillator above Zero-Line Momentum is bullish.
1803259884_DOGEH4.thumb.png.9c145681b9e797608c288f992029473c.png
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