Dogecoin Elliott Wave Technical Analysis 1 March 24

[tradinglounge]

Elliott Wave Analysis TradingLounge Daily Chart, 4 March 24,

Dogecoin/ U.S. dollar(DOGEUSD)

DOGEUSD Elliott Wave Technical Analysis

Function: Follow Trend

Mode: Motive

Structure: Impulse

Position: Wave III

Direction Next higher Degrees: Wave (I) of Impulse

Wave Cancel invalid Level: 0.0770

Details: Wave III is Equal to 161.8% of Wave I at 0.1575

Dogecoin/ U.S. dollar(DOGEUSD)Trading Strategy:

Dogecoin has entered a full-blown uptrend. Which is currently an increase of Wave III with a chance to test the level of 0.1575. Therefore, Dogecoin overall is in an uptrend. And there is still a chance to increase continuously.

Dogecoin/ U.S. dollar(DOGEUSD)Technical Indicators: The price is above the MA200 indicating an Uptrend, Wave Oscillator is a bullish Momentum.

TradingLounge Analyst: Kittiampon Somboonsod, CEWA

 

 

 

 

 

Elliott Wave Analysis TradingLounge 4Hr Chart, 4 March 24,

Dogecoin/ U.S. dollar(DOGEUSD)

DOGEUSD Elliott Wave Technical Analysis

Function: Follow Trend

Mode: Motive

Structure: Impulse

Position: Wave III

Direction Next higher Degrees: Wave (I) of Impulse

Wave Cancel invalid Level: 0.0770

Details: Wave III is Equal to 161.8% of Wave I at 0.1575

Dogecoin/ U.S. dollar(DOGEUSD)Trading Strategy:

Dogecoin has entered a full-blown uptrend. Which is currently an increase of Wave III with a chance to test the level of 0.1575. Therefore, Dogecoin overall is in an uptrend. And there is still a chance to increase continuously.

Dogecoin/ U.S. dollar(DOGEUSD)Technical Indicators: The price is above the MA200 indicating an Uptrend, Wave Oscillator is a bullish Momentum.

 

 

[Imam]

Have taken my initial out & happy with it!