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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 I of Impulse

Wave Cancel invalid Level:

Details: Wave ((4) may is complete and the Price entry to uptrend again

Dogecoin/ U.S. dollar(DOGEUSD)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.

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

Elliott Wave Analysis TradingLounge H4 Chart,

Dogecoin/ U.S. dollar(DOGEUSD)

DOGEUSD Elliott Wave Technical Analysis

Function: Follow trend

Mode: Motive

Structure: Impulse

Position: Wave ((3))

Direction Next higher Degrees: wave 1 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:

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.

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

Technical Analyst : Kittiampon Somboonsod

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