Elliott Wave Technical Analysis: DOGEUSD – Wednesday, March 13


Close Up of BitcoinsImage Source: PexelsElliott Wave Analysis TradingLounge Daily Chart, 13 March 24,Dogecoin/ U.S. dollar(DOGEUSD)DOGEUSD Elliott Wave Technical AnalysisFunction: Follow TrendMode: MotiveStructure: ImpulsePosition: Wave IIIDirection Next higher Degrees: Wave (I) of ImpulseWave Cancel invalid Level: 0.0770Details: Wave III may be complete watch out for the CorrectiveDogecoin/ U.S. dollar(DOGEUSD)Trading Strategy:Dogecoin enters a full uptrend. The current surge of Wave III is likely to end, with the price entering a period of correction in wave 4 before rising again in wave 5. Wait for the correction to complete before reentering the trendDogecoin/ U.S. dollar(DOGEUSD)Technical Indicators: The price is above the MA200 indicating an Uptrend, Wave Oscillator is a bullish Momentum.TradingLounge Analyst: Kittiampon Somboonsod, CEWASource: Tradinglounge.comElliott Wave Analysis TradingLounge 4Hr Chart, 13 March 24,Chainlink/ U.S. dollar(LINKUSD)DOGEUSD Elliott Wave Technical AnalysisFunction: Follow TrendMode: MotiveStructure: ImpulsePosition: Wave IIIDirection Next higher Degrees: Wave (I) of ImpulseWave Cancel invalid Level: 0.0770Details: Wave III may be complete watch out for the CorrectiveDogecoin/ U.S. dollar(DOGEUSD)Trading Strategy:Dogecoin enters a full uptrend. The current surge of Wave III is likely to end, with the price entering a period of correction in wave 4 before rising again in wave 5. Wait for the correction to complete before reentering the trendDogecoin/ U.S. dollar(DOGEUSD)Technical Indicators: The price is above the MA200 indicating an Uptrend, Wave Oscillator is a bullish Momentum. More By This Author:Commodity: Bitcoin, USD, Gold, Silver, Copper, Uranium, Oil, Gas, Grains – Elliott Wave Analysis
Elliott Wave Technical Analysis: Exxon Mobil Corp. – Tuesday, March 12
Elliott Wave Technical Analysis: Cocoa – Tuesday, March 12

Reviews

  • Total Score 0%
User rating: 0.00% ( 0
votes )



Leave a Reply

Your email address will not be published. Required fields are marked *