DOGE/USD Elliott Wave Technical Analysis
Function: Counter trend.
Mode: Fixed.
Structure: double orthodontic.
Position: Wave Y.
Next highest degree direction: impulse wave (II).
Details: Wave (II) is likely to end and prices will rise again in wave (III).
Dogecoin/USD (DOGEUSD) Trading Strategy: Now that the second wave correction appears to be over, we will focus on the third wave 5-wave rally. As the price trend continues to trend upward, we are looking for re-entry into the second wave. trend.
Dogecoin/USD (DOGEUSD) Technical Indicators: Price is above MA200, indicating an uptrend. The wave oscillator has bullish momentum.
DOGE/USD Elliott Wave Technical Analysis
Function: Counter trend.
Mode: Fixed.
Structure: double orthodontic.
Position: Wave Y.
Next highest degree direction: impulse wave (II).
Details: Wave (II) is likely to end and prices will rise again in wave (III).
Dogecoin/USD (DOGE/USD) Trading Strategy: Now that the second wave correction appears to be over, we will focus on the third wave 5-wave rally. Price movements are still trending upwards and looking for a resurgence. Entry into the trend.
Dogecoin/USD (DOGE/USD) Technical Indicators: Price is above MA200, indicating an uptrend. The wave oscillator has bullish momentum.
