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Elliott Wave Analysis TradingLounge Daily Chart,

Dogecoin/ U.S. dollar(DOGEUSD)

DOGEUSD Elliott Wave Technical Analysis

Function: Follow trend

Mode: Motive

Structure: Impulse

Position: Wave ((5))

Direction Next higher Degrees: wave V of Impulse

Wave Cancel invalid Level:

Details: Wave ((5)) is equal to Wave ((1)) at 0.2182

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

It looks like Wave IV has finished correcting and the price is rising again in Wave V. Wave V usually has the same length as Wave I. Therefore, we predict the trend of Wave V has a chance to test the 0.2382 level before correcting again.

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

TradingLounge Analyst: Kittiampon Somboonsod, CEWA

Source: Tradinglounge.com

Elliott Wave Analysis TradingLounge 4H Chart,

Dogecoin/ U.S. dollar(DOGEUSD)

DOGEUSD Elliott Wave Technical Analysis

Function: Follow trend

Mode: Motive

Structure: Impulse

Position: Wave ((5))

Direction Next higher Degrees: wave V of Impulse

Wave Cancel invalid Level:

Details: Wave ((5)) is equal to Wave ((1)) at 0.2182

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

It looks like Wave IV has finished correcting and the price is rising again in Wave V. Wave V usually has the same length as Wave I. Therefore, we predict the trend of Wave V has a chance to test the 0.2382 level before correcting again.

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

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