Polkadot Crypto Price News Today Elliott Wave Technical Analysis - Monday, September 2
Elliott Wave Analysis TradingLounge Daily Chart,
DOT / 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.
DOT / U.S. dollar(DOTUSD)Trading Strategy:
The wave II correction seems to be over and the price is re-entering the main trend, so look for an opportunity to re-join the trend in an uptrend.
DOT / 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,
DOT / 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.
DOT / U.S. dollar(DOTUSD)Trading Strategy: The wave II correction seems to be over and the price is re-entering the main trend, so look for an opportunity to re-join the trend in an uptrend.
DOT / U.S. dollar(DOTUSD)Technical Indicators: The price is below the MA200 indicating a downtrend, The Wave Oscillator is a Bearish Momentum.
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