Elliott Wave Analysis – Daily Chart, Dogecoin/ U.S. dollar(DOGEUSD)Function: Follow TrendMode: MotiveStructure: ImpulsePosition: Wave ((3))Direction Next higher Degrees: Wave I of ImpulseWave Cancel invalid Level: Details: Wave ((3)) is likely to test the 161.8% level of wave ((1)).Dogecoin/ U.S. dollar(DOGEUSD)Trading Strategy:It looks like the wave IV correction is complete and the price is still likely to move up. Look for an opportunity to join the wave V uptrend.Technical Indicators: The price is above the MA200 indicating an uptrend, the Wave Oscillator is a Bearish Momentum.
Elliott Wave Analysis H4 Chart, Dogecoin/ U.S. dollar(DOGEUSD)Function: Follow TrendMode: MotiveStructure: ImpulsePosition: Wave ((3))Direction Next higher Degrees: Wave I of ImpulseWave Cancel invalid Level: Details: Wave ((3)) is likely to test the 161.8% level of wave ((1)).Dogecoin/ U.S. dollar(DOGEUSD)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.Technical Indicators: The price is above the MA200 indicating an uptrend, the Wave Oscillator is a Bearish Momentum.
Technical Analyst : Kittiampon SomboonsodMore By This Author:Cocoa Commodity Elliott Wave Technical Analysis – Friday, September 27
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