DOGE/USD Elliott Wave technical analysis
Function: Counter trend.
Mode: Corrective.
Structure: Zigzag.
Position: Wave ((C)).
Direction next higher degrees: Wave II of impulse.
Details: Wave (II) may is complete and the price entry to uptrend again
DOGE/USD trading strategy
The second wave of Zigzag consolidation appears to be complete. And the price increased again during the third wave. The overall picture therefore increased again. Look for opportunities to join the uptrend from a short-term correction within the third wave.
DOGE/USD technical indicators
The price is below the MA200 indicating an uptrend, the wave oscillator is a bullish momentum.
DOGE/USD Elliott Wave technical analysis
Function: Counter trend.
Mode: Corrective.
Structure: Zigzag.
Position: Wave ((C)).
Direction next higher degrees: Wave II of impulse.
Details: Wave II may is complete and the price entry to uptrend again.
DOGE/USD trading strategy
The second wave of zigzag consolidation appears to be complete. And the price increased again during the third wave. The overall picture therefore increased again. Look for opportunities to join the uptrend from a short-term correction within the third wave.
DOGE/USD technical indicators
The price is below the MA200 indicating an uptrend, the wave oscillator is a bullish momentum.
DOGE/USD Elliott Wave technical analysis [Video]
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