Elliott Wave Technical Analysis: Polkadot Crypto Price News Today
Elliott Wave Analysis TradingLounge Daily Chart,
Polkadot / U.S. dollar(DOTUSD)
DOTUSD Elliott Wave Technical Analysis
Function: Counter Trend
Mode: Corrective
Structure: Double Corrective
position: Wave ((Y))
Direction Next higher Degrees: wave II
Wave Cancel invalid level:
Details: The decline of wave Y is likely to end and the price is re-entering the uptrend.
Polkadot / U.S. dollar(DOTUSD)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.
Polkadot / U.S. dollar(DOTUSD)Technical Indicators: The price is below the MA200 indicating a downtrend, The Wave Oscillator is a Bearish Momentum.
Elliott Wave Analysis TradingLounge H4 Chart,
Polkadot / U.S. dollar(DOTUSD)
DOTUSD Elliott Wave Technical Analysis
Function: Counter Trend
Mode: Corrective
Structure: Double Corrective
position: Wave ((Y))
Direction Next higher Degrees: wave II
Wave Cancel invalid level:
Details: the Decline of wave II Beware, a drop below 3.566 will break the uptrend.
Polkadot / U.S. dollar(DOTUSD)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.
Polkadot / U.S. dollar(DOTUSD)Technical Indicators: The price is below the MA200 indicating a downtrend, The Wave Oscillator is a Bearish Momentum.
Technical Analyst : Kittiampon Somboonsod
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Analyst Peter Mathers TradingLounge™ Australian Financial Services Licence - AFSL 317817
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