Dogecoin Crypto Price News Today Elliott Wave Technical Analysis 9

Dogecoin/ U.S. dollar(DOGEUSD)

DOGEUSD Elliott Wave Technical Analysis 

Function: Counter trend    

Mode: Corrective

Structure: Double Corrective

Position: Wave ((Y))

Direction Next higher Degrees: wave ((Y)) of IV

Wave Cancel invalid Level:

Details: The corrective of Wave IV may be complete and the price Increase again in Wave V.

Dogecoin/ U.S. dollar Trading Strategy:

Wave IV appears to have ended at 0.2626, so the overall picture is a rally above 0.4804 of wave V, with a chance of testing 0.6174.

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

Crypto24(1).thumb.png.bb19cd9aebb9fe48bb4786729c3032ac.png

Dogecoin/ U.S. dollar(DOGEUSD)

DOGEUSD Elliott Wave Technical Analysis 

Function: Counter trend

Mode: Corrective

Structure: Double Corrective

Position: Wave ((Y))

Direction Next higher Degrees: wave ((Y)) of IV

Wave Cancel invalid Level:

Details: Details: The corrective of Wave IV Maybe complete and the price Increase again in Wave V.

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

Wave IV appears to have ended at 0.2626, so the overall picture is a rally above 0.4804 of wave V, with a chance of testing 0.6174.

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

Crypto24.thumb.png.40896a8c180acf9b8099bcadce9ea83f.png

 

Technical Analyst : Kittiampon Somboonsod

 


More By This Author:

Unlocking ASX Trading Success: Car Group Limited
Elliott Wave Technical Analysis - Advanced Micro Devices Inc.
Elliott Wave Technical Analysis: U.S. Dollar/Swiss Franc - Thursday, Dec. 19

Analyst Peter Mathers TradingLounge™ Australian Financial Services Licence - AFSL 317817

How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.
Or Sign in with