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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 IV of Impulse

Wave Cancel invalid Level: 

Details: Wave IV May is complete and the price increase again in Wave V

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.37689f22ac459ef2975cc54b59c6d3e0.png

 

Elliott Wave Analysis TradingLounge H4 Chart,

Dogecoin/ U.S. dollar(DOGEUSD)

DOGEUSD Elliott Wave Technical Analysis 

Function: Follow Trend

Mode: Motive 

Structure: Impulse

Position: Wave ((3))

Direction Next higher Degrees: Wave V of Impulse

Wave Cancel invalid Level: 

Details: wave ((3)) Is Equal to 161.8% of Wave ((1)) at 0.2488

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.165745cfa67ee000267f28e20e0e08d9.png

 

Technical Analyst Kittiampon Somboonsod

Source : Tradinglounge.com get trial here!

 

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