08Nov
DOGEUSD Elliott Wave Technical Analysis 08 November 2022

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

About the Author
Related
Bitcoin and Ethereum are in a bullish trend, that said the current move up needs to be re-balanced s...
Read More >
Technical Analysis BTC: Upside target is 51,100 the 61.8% retracement level. Bitcoin Elliott Wave: W...
Read More >
Elliott Wave charts by Kittiampon Somboonsod 4 Hour and Daily - Bitcoin price continues to be under ...
Read More >
Kittiampon Somboonsod's Elliott Wave analysis of Polkadot (DOT, DOTUSD) predicts a correction or...
Read More >
Kittiampon Somboonsod's Elliott Wave chart analysis suggests that Ethereum (ETH) is currently in...
Read More >
Elliott Wave charts by Kittiampon Somboonsod 4 Hour and Daily - Chainlink is still under selling pre...
Read More >
You need to login in order to comment