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Elliott Wave Analysis TradingLounge Daily Chart,Dogecoin/ U.S. dollar(DOGEUSD)DOGEUSD Elliott Wave Technical AnalysisFunction: Counter trendMode: CorrectiveStructure: ZigzagPosition: Wave ((C))Direction Next higher Degrees: wave I of ImpulseWave Cancel invalid Level:Details: Wave ((4) may is complete and the Price entry to uptrend againDogecoin/ U.S. dollar(DOGEUSD)Trading Strategy:The second wave of Zigzag consolidation appears to be complete. And the price increased again during the third wave. The overall picture therefore increased again. Look for opportunities to join the uptrend from a short-term correction within the third wave.Dogecoin/ U.S. dollar(DOGEUSD)Technical Indicators: The price is below the MA200 indicating an Uptrend, The Wave Oscillator is a Bullish Momentum.
Elliott Wave Analysis TradingLounge H4 Chart,Dogecoin/ U.S. dollar(DOGEUSD)DOGEUSD Elliott Wave Technical AnalysisFunction: Follow trendMode: MotiveStructure: ImpulsePosition: Wave ((3))Direction Next higher Degrees: wave 1 of ImpulseWave Cancel invalid Level:Details: Wave (II) may is complete and the Price entry to uptrend againDogecoin/ U.S. dollar(DOGEUSD)Trading Strategy:The second wave of Zigzag consolidation appears to be complete. And the price increased again during the third wave. The overall picture therefore increased again. Look for opportunities to join the uptrend from a short-term correction within the third wave.Dogecoin/ U.S. dollar(DOGEUSD)Technical Indicators: The price is below the MA200 indicating an Uptrend, The Wave Oscillator is a Bullish Momentum.
Technical Analyst : Kittiampon SomboonsodMore By This Author:Elliott Wave Analysis: Nasdaq Tech Stocks & SP500 Correction Phase Strategies
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