Dogecoin 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 is Equal to 161.8% of Wave I at 0.1575.
DOGE/USD trading strategy
Dogecoin has entered a full-blown uptrend. Which is currently an increase of Wave III with a chance to test the level of 0.1575. Therefore, Dogecoin overall is in an uptrend. And there is still a chance to increase continuously.
Dogecoin/ U.S. dollar(DOGEUSD)Technical Indicators: The price is above the MA200 indicating an Uptrend, Wave Oscillator is a bullish Momentum.
DOGE/USD daily 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 is Equal to 161.8% of Wave I at 0.1575
DOGE/USD trading strategy
Dogecoin has entered a full-blown uptrend. Which is currently an increase of Wave III with a chance to test the level of 0.1575. Therefore, Dogecoin overall is in an uptrend. And there is still a chance to increase continuously.
Dogecoin/ U.S. dollar(DOGEUSD)Technical Indicators: The price is above the MA200 indicating an Uptrend, Wave Oscillator is a bullish Momentum.
DOGE/USD four hour chart
DOGE/USD Elliott Wave technical analysis [Video]
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