03Apr
DOGEUSD Elliott Wave Technical Analysis April 04 2023
DOGEUSD Elliott Wave Technical Analysis April 04 2023
4Hour
Dogecoin/U.S.dollar(DOGEUSD)
DOGEUSD Elliott Wave Technical Analysis
Function: Follow trend
Mode: Motive
Structure: Impulse
Position: Wave ((3))
Direction Next higher Degrees: Wave I of Motive
Details: The rise of wave ((3)) is usually equal to 1.618 multiple of the wavelength ((1)).
Wave Cancel invalid Level: 0.0626
Dogecoin/U.S.dollar(DOGEUSD)Trading Strategy: Dogecoin is recovering well. And we expect wave ((2)) to end at the level of 0.0710. Five rising waves from this point and a breakout from the MA200 line will support this idea. The price is likely to trade above the level of 0.1159 in waves ((3)).
Dogecoin/U.S.dollar(DOGEUSD)Technical Indicators: The price is above the MA200 indicating an UpTrend. The wave oscillators above Zero-Line momentum are Bullish
Daily
Dogecoin/U.S.dollar(DOGEUSD)
DOGEUSD Elliott Wave Technical Analysis
Function: Follow trend
Mode: Motive
Structure: Impulse
Position: Wave ((3))
Direction Next higher Degrees: Wave I of Motive
Details: The rise of wave ((3)) is usually equal to 1.618 multiple of the wavelength ((1)).
Wave Cancel invalid Level: 0.0626
Dogecoin/U.S.dollar(DOGEUSD)Trading Strategy: Dogecoin is recovering well. And we expect wave ((2)) to end at the level of 0.0710. Five rising waves from this point and a breakout from the MA200 line will support this idea. The price is likely to trade above the level of 0.1159 in waves ((3)).
Dogecoin/U.S.dollar(DOGEUSD)Technical Indicators: The price is above the MA200 indicating an UpTrend. The wave oscillators above Zero-Line momentum are Bullish
About the Author
Related
Bitcoin is in a stronger position than Ethereum, as we can see in the ETHBTC chart, also using On Ch...
Read More >
Elliott Wave charts by Kittiampon Somboonsod 4 Hour - Binance Coin Wave (5) is likely to end. after ...
Read More >
Bitcoin and cryptocurrency traders may be interested in Kittiampon Somboonsod's Elliott Wave cha...
Read More >
Monero (XMR) is showing a clear downtrend as it fell below the MA200 line, but Elliott Wave charts b...
Read More >
Elliott Wave charts by Kittiampon Somboonsod 4 Hour - Bitcoin on the 4-hour chart has recovered well...
Read More >
BTC Elliott Wave analysis suggests that the wave ((2)) may have ended at 25830.60 and breaking the l...
Read More >
You need to login in order to comment