DOGE/USD Elliott Wave Technical Analysis
Function: Counter-trend.
Fashion: Patch.
Structure: Double Fix.
Position: Wave ((Y)).
Direction Following higher degrees: wave ((Y)) of IV.
Details: The Wave IV fix may be complete and the price will increase again in Wave V.
Dogecoin/US Dollar (DOGEUSD) Trading Strategy: Wave IV appears to have ended at 0.2626, so the overall picture is a rally above 0.4804 from Wave V, with a chance to test 0, 6174.
Dogecoin/US Dollar (DOGEUSD) Technical Indicators: Price is above MA200, indicating an uptrend, the wave oscillator is bullish momentum.
DOGE/USD Elliott Wave Technical Analysis
Function: Counter-trend.
Fashion: Patch.
Structure: Double Fix.
Position: Wave ((Y)).
Direction Following higher degrees: Wave ((Y)) of IV.
Details: The Wave IV fix may be complete and the price will increase again in Wave V.
Dogecoin/US Dollar (DOGE/USD) Trading Strategy: Wave IV appears to have ended at 0.2626, so the overall picture is a rally above 0.4804 from Wave V, with a chance to test 0.6174.
Dogecoin/US Dollar (DOGE/USD) Technical Indicators: Price is above MA200, indicating an uptrend, the wave oscillator is bullish momentum.
