Crypto market is sharply down after we noticed an intraday corrective rally in "b"/"ii", so be aware of more downside pressure now, especially because of stock market sell-off. However, we are still tracking wave "c"/"iii" for now, but it still has to be finished by a five-wave cycle of the lower degree.
Crypto market 4h Elliott Wave analysis chart
As per Elliott Wave analysis, DOGEUSD is still pointing lower as mentioned and highlighted long time ago, especially now when the whole Crypto market is looking for more weakness. So, we are still tracking that wave (c) of »y« down to the first 0.13 support level, if not even down to 0.05x second support area.
Dogecoin 4h Elliott Wave analysis chart
Check more of our analysis for currencies and cryptos in members-only area. Visit EW-Forecast for details!
By using Wavetraders website, any services, products, and content contained here, you agree that use of our service is entirely at your own risk. You understand that there is a very high degree of risk involved in trading on the markets. We assume no responsibility or liability for your trading and investment results. The charts, and all articles published on www.wavetraders.com are provided for informational and educational purposes only!
By using the information and services of www.ew-forecast.com you assume full responsibility for any and all gains and losses, financial, emotional or otherwise, experienced, suffered or incurred by you.