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DOT/ U.S. dollar(DOTUSD)
DOTUSD Elliott Wave Technical Analysis
Function: Follow Trend
Mode: Motive
Structure: Impulse
Position: Wave ((1))
Direction Next higher Degrees: wave I of Impulse
Wave Cancel invalid level:
Details: the corrective of wave 2 May is ending and the price increase again in wave 3.
DOT/ U.S. dollar(DOTUSD)Trading Strategy:
Overview DOTUSD remains in an uptrend, likely to surge sharply from the third wave surge, so look for opportunities to join the uptrend from a short-term pullback.
DOT/ U.S. dollar(DOTUSD)Technical Indicators: The price is above the MA200 indicating an uptrend, The Wave Oscillator is a Bullish Momentum.
DOT/ U.S. dollar(DOTUSD)
DOTUSD Elliott Wave Technical Analysis
Function: Counter Trend
Mode: Corrective
Structure: Zigzag
Position: Wave (c)
Direction Next higher Degrees: wave 3 of Impulse
Wave Cancel invalid level:
Details: the corrective of wave 2 May is ending and the price increase again in wave 3.
DOT/ U.S. dollar(DOTUSD)Trading Strategy:
Overview DOTUSD remains in an uptrend, likely to surge sharply from the third wave surge, so look for opportunities to join the uptrend from a short-term pullback.
DOT/ U.S. dollar(DOTUSD)Technical Indicators: The price is above the MA200 indicating an uptrend, The Wave Oscillator is a Bullish Momentum.
Technical Analyst: Kittiampon Somboonsod
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