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08Nov

DOGEUSD Elliott Wave Technical Analysis 08 November 2022

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DOGEUSD Elliott Wave Technical Analysis 08 November 2022

4 Hour

Dogecoin (DOGEUSD)
DOGEUSD Elliott Wave Technical Analysis
Function: Counter trend
Mode: Corrective
Structure: Triangle
Position: Wave 4
Direction Next higher Degrees: wave (5) of Motive
Details: The reversal of wave 4 is usually .382 x wave 3.
Wave Cancel invalid Level:
Dogecoin (DOGEUSD) Trading Strategy: The price tends to move sideways in the
retracement of wave 4. In most cases, wave 4 reverses .382 x wave 3 lengths, so waiting for
wave 4 to end may be necessary to rejoin the uptrend.
Dogecoin (DOGEUSD)Technical Indicators: MACD has a Hidden bullish divergence
MACD Histogram has a bullish divergence, Price tends to reverse


Daily

Dogecoin (DOGEUSD)
DOGEUSD Elliott Wave Technical Analysis
Function: Counter trend
Mode: Corrective
Structure: Triangle
Position: Wave 4
Direction Next higher Degrees: wave (5) of Motive
Details: The reversal of wave 4 is usually .382 x wave 3.
Wave Cancel invalid Level:
Dogecoin (DOGEUSD) Trading Strategy: The price tends to move sideways in the
retracement of wave 4. In most cases, wave 4 reverses .382 x wave 3 lengths, so waiting for
wave 4 to end may be necessary to rejoin the uptrend.
Dogecoin (DOGEUSD) Technical Indicators: MACD and MACD Histogram above
Zero-Line the price has bullish momentum

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