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DOGE/USD Elliott Wave technical analysis [Video]

DOGE/USD 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 may be complete watch out for the Corrective.

DOGE/USD trading strategy

Dogecoin enters full uptrend The current surge of Wave III is likely to end. And the price is entering a period of correction in wave 4 before rising again in wave 5. Wait for the correction to complete before entering the trend again.

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

Chart

DOGE/USD 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 may be complete watch out for the Corrective

DOGE/USD trading strategy

Dogecoin enters full uptrend The current surge of Wave III is likely to end. And the price is entering a period of correction in wave 4 before rising again in wave 5. Wait for the correction to complete before entering the trend again.

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

Chart

DOGE/USD Elliott Wave technical analysis [Video]

Author

Peter Mathers

Peter Mathers

TradingLounge

Peter Mathers started actively trading in 1982. He began his career at Hoei and Shoin, a Japanese futures trading company.

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