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Dogecoin Crypto Price News Today Elliott Wave Technical Analysis


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Elliott Wave Analysis TradingLounge Daily Chart,

Dogecoin/ U.S. dollar(DOGEUSD)

DOGEUSD Elliott Wave Technical Analysis 

Function: Counter trend    

Mode: Corrective

Structure: Zigzag

Position: Wave ((C))

Direction Next higher Degrees: wave I of Impulse

Wave Cancel invalid Level: 

Details: Wave (4) may is complete and the Price entry to uptrend again

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

Overall, Dogecoin remains in an uptrend. Moreover, it looks like the correction is over. And prices are rising again in the fifth wave. But there may be a slight pullback before increasing. So look for opportunities to join the uptrend.

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

Crypto24(1).thumb.png.a53b1e6f648b2e6783251ec343061504.png

 

Elliott Wave Analysis TradingLounge H4 Chart,

Dogecoin/ U.S. dollar(DOGEUSD)

DOGEUSD Elliott Wave Technical Analysis 

Function: Counter trend    

Mode: Corrective

Structure: Zigzag

Position: Wave ((C))

Direction Next higher Degrees: wave I of Impulse

Wave Cancel invalid Level: 

Details: Wave (4) may is complete and the Price entry to uptrend again

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

Overall, Dogecoin remains in an uptrend. Moreover, it looks like the correction is over. And prices are rising again in the fifth wave. But there may be a slight pullback before increasing. So look for opportunities to join the uptrend.

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

Crypto24.thumb.png.8d22cc0c04bbd8eb5ea0f3789dfba230.png

 

Technical Analyst Kittiampon Somboonsod

Source : Tradinglounge.com get trial here!

 

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