Elliott Wave Analysis TradingLounge Daily Chart,

Dogecoin / U.S. dollar(DOGEUSD)

DOGEUSD Elliott Wave Technical Analysis

Function: Counter trend

Mode: Corrective

Structure: Zigzag

Position: Wave ((C))

Direction Next higher Degrees: wave II of Impulse

Wave Cancel invalid Level: 

Details: Wave (II) may is complete and the Price entry to uptrend again.

Dogecoin / U.S. dollar(DOGEUSD)Trading Strategy:

It looks like the wave 2 correction is complete and the price is still likely to move up. Look for an opportunity to join the wave 2 uptrend.

Dogecoin / U.S. dollar(DOGEUSD)Technical Indicators: The price is above the MA200 indicating an Uptrend, The Wave Oscillator is a Bearish Momentum.

(Click on image to enlarge)

Elliott Wave Analysis TradingLounge H4 Chart,

Dogecoin / U.S. dollar(DOGEUSD)

DOGEUSD Elliott Wave Technical Analysis 

Function: Counter trend

Mode: Corrective

Structure: Zigzag

Position: Wave ((C))

Direction Next higher Degrees: wave II of Impulse

Wave Cancel invalid Level: 

Details: Wave II may is complete and the Price entry to uptrend again.

Dogecoin / U.S. dollar(DOGEUSD)Trading Strategy:

It looks like the wave 2 correction is complete and the price is still likely to move up. Look for an opportunity to join the wave 3 uptrend.

Dogecoin / U.S. dollar(DOGEUSD)Technical Indicators: The price is above the MA200 indicating an Uptrend, The Wave Oscillator is a Bearish Momentum.

(Click on image to enlarge)

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