Technical analysis DOGE / USD ELLIOTT WAVE
Function: Follow the trend.
Fashion: Pattern.
Structure: Pulse.
Position: Vague IV.
Direction of the following upper degrees: Wave (III).
The waves cancel the non -valid level:
DOGE / USD negotiation strategy: DOGE / USD is likely to be in an upward pulse wave structure. He currently seems to be in the IV wave with a downward trend. If the price can hold above 0.2038, it is possible to start the V wave with the first target at 0.4846.
Trading strategies
Buy a strategy (long position):
- If it lasts 0.3417, it will confirm the continuation of the V -.
Risk management:
- If the price breaks the level of support of 0.2038 (number of invalid waves), it will be a signal that the structure of the waves is incorrect.
DOGE / USD Elliott Wave Technical analysis
Function: Follow the trend
Fashion: Pattern
Structure: Pulse
Position: Vague IV
Direction of the following upper degrees: Wave (III)
The waves cancel the non -valid level:
DOGE / USD negotiation strategy: DOGE / USD is likely to be in an upward pulse wave structure. He currently seems to be in the IV wave with a downward trend. If the price can hold above 0.2038, it is possible to start the V wave with the first target at 0.4846.
Trading strategies
Buy a strategy (long position):
- If it lasts 0.3417, it will confirm the continuation of the V -.
Risk management:
- If the price breaks the level of support of 0.2038 (number of invalid waves), it will be a signal that the structure of the waves is incorrect.
