Dogecoin Elliott Wave Technical Analysis - Monday, March 4
Elliott Wave Analysis TradingLounge Daily Chart, 4 March 24,
Dogecoin/ U.S. dollar(DOGEUSD)
DOGEUSD Elliott Wave Technical Analysis
Function: Follow Trend
Mode: Motive
Structure: Impulse
Position: Wave III
Direction Next higher Degrees: Wave (I) of Impulse
Wave Cancel invalid Level: 0.0770
Details: Wave III is Equal to 161.8% of Wave I at 0.1575
Dogecoin/ U.S. dollar(DOGEUSD)Trading Strategy:
Dogecoin has entered a full-blown uptrend. Which is currently an increase of Wave III with a chance to test the level of 0.1575. Therefore, Dogecoin overall is in an uptrend. And there is still a chance to increase continuously.
Dogecoin/ U.S. dollar(DOGEUSD)Technical Indicators: The price is above the MA200 indicating an Uptrend, Wave Oscillator is a bullish Momentum.
(Click on image to enlarge)
Elliott Wave Analysis TradingLounge 4Hr Chart, 4 March 24,
Dogecoin/ U.S. dollar(DOGEUSD)
DOGEUSD Elliott Wave Technical Analysis
Function: Follow Trend
Mode: Motive
Structure: Impulse
Position: Wave III
Direction Next higher Degrees: Wave (I) of Impulse
Wave Cancel invalid Level: 0.0770
Details: Wave III is Equal to 161.8% of Wave I at 0.1575
Dogecoin/ U.S. dollar(DOGEUSD)Trading Strategy:
Dogecoin has entered a full-blown uptrend. Which is currently an increase of Wave III with a chance to test the level of 0.1575. Therefore, Dogecoin overall is in an uptrend. And there is still a chance to increase continuously.
Dogecoin/ U.S. dollar(DOGEUSD)Technical Indicators: The price is above the MA200 indicating an Uptrend, Wave Oscillator is a bullish Momentum.
(Click on image to enlarge)
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Analyst Peter Mathers TradingLounge™ Australian Financial Services Licence - AFSL 317817