DOGE/USD Elliott Wave technical analysis
Function: Counter Trend.
Mode: Corrective.
Structure: Double Corrective.
Position: Wave Y.
Direction next higher degrees: Wave (II) of Impulse.
Details: Wave (II) is likely to end and price is rising again in wave (III).
Dogecoin/ U.S. dollar (DOGEUSD) Trading Strategy: The correction in wave II seems to be over so we focus on the five-wave rally of wave III and The price action remains in an uptrend, and we are looking for a re-entry into the trend.
Dogecoin/ U.S. dollar (DOGEUSD) Technical Indicators: The price is above the MA200 indicating an uptrend, The Wave Oscillator is a Bullish Momentum.
DOGE/USD Elliott Wave technical analysis
Function: Counter Trend.
Mode: Corrective.
Structure: Double Corrective.
Position: Wave Y.
Direction next higher degrees: Wave (II) of Impulse.
Details: Wave (II) is likely to end and price is rising again in wave (III).
Dogecoin/ U.S. dollar (DOGE/USD) Trading Strategy: The correction in wave II seems to be over so we focus on the five-wave rally of wave III and The price action remains in an uptrend, and we are looking for a re-entry into the trend.
Dogecoin/ U.S. 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]
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