Dogecoin Elliott Wave technical analysis [Video]

DOGE/USD Elliott Wave technical analysis

Function: Counter trend.

Mode: Corrective.

Structure: Flat.

Position: Wave ((C)).

Direction next higher degrees: Wave (C) of ((4)).

Details: The corrective of Wave ((4)) before Increase again in Wave ((3)).

Dogecoin/ US Dollar (DOGE/USD) trading strategy: Five waves of wave III rally where we still missed two more moves, from a decline in wave ((4)) and another rise in wave ((5)), so the price is still in an uptrend and we are looking for a resumption of the trend.

DOGE/USD Elliott Wave technical analysis

Function: Counter trend.

Mode: Corrective.

Structure: Flat.

Position: Wave ((C)).

Direction next higher degrees: wave (C) of ((4)).

Details: The corrective of Wave ((4)) before Increase again in Wave ((3)).

Dogecoin/ US Dollar (DOGE/USD) trading strategy: Five waves of wave III rally where we still missed two more moves, from a decline in wave ((4)) and another rise in wave ((5)), so the price is still in an uptrend and we are looking for a resumption of the trend.

Dogecoin/ US Dollar (DOGE/USD) technical indicators: The price is above the MA200 indicating an uptrend, The Wave Oscillator is a Bullish Momentum.

Dogecoin Elliott Wave technical analysis [Video]