30Nov

Dogecoin/ U.S. dollar(DOGEUSD) Elliott Wave Technical Analysis 30 November 23

Elliott Wave Analysis TradingLounge Daily Chart, 30 November 23,

Dogecoin/ U.S. dollar(DOGEUSD)

DOGEUSD Elliott Wave Technical Analysis

Function: Counter trend

Mode: Corrective

Structure: …..

Position: Wave 2

Direction Next higher Degrees: wave ((2)) of Impulse

Wave Cancel invalid Level: 4.50

Details: Retracement of wave ((2)) usually .50 or .618 x Length wave ((1))

Dogecoin / U.S. dollar(DOGEUSD) Trading Strategy: Dogecoin recovered well from the 0.0573 level and even managed to expand in five waves. Actions in the same direction as a trend one level larger than itself develop in a five-wave pattern. And now the price is entering a correction period which will give us another opportunity to join the trend. Wait for the correction in wave 2 to be completed.

Dogecoin/ U.S. dollar(DOGEUSD)Technical Indicators: The price is above the MA200 indicating an uptrend, Wave Oscillators a Bearish Momentum.

TradingLounge Analyst: Kittiampon Somboonsod, CEWA

Source: Tradinglounge.com get trial here!

DOGEUSD-Crypto-Day-C...

Elliott Wave Analysis TradingLounge 4H Chart, 30 November 23,

Dogecoin/ U.S. dollar(DOGEUSD)

DOGEUSD Elliott Wave Technical Analysis

Function: Counter trend

Mode: Corrective

Structure: …..

Position: Wave 2

Direction Next higher Degrees: wave ((2)) of Impulse

Wave Cancel invalid Level: 4.50

Details: Retracement of wave ((2)) usually .50 or .618 x Length wave ((1))

Dogecoin / U.S. dollar(DOGEUSD)Trading Strategy: Dogecoin recovered well from the 0.0573 level and even managed to expand in five waves. Actions in the same direction as a trend one level larger than itself develop in a five-wave pattern. And now the price is entering a correction period which will give us another opportunity to join the trend. Wait for the correction in wave 2 to be completed.

Dogecoin/ U.S. dollar(DOGEUSD)Technical Indicators: The price is above the MA200 indicating an uptrend, Wave Oscillators a Bearish Momentum.

DOGEUSD-Crypto-4Hr-C...

Related

EURGBP Currency Pair: Euro/British Pound Forex Elliott Wave Technical Analysis

EURGBP Currency Pair: Euro/British Pound Forex Elliott Wave Technical Analysis

This article provides an in-depth Elliott Wave analysis of the EURGBP currency pair, highlighting ke...

Read More >
Ripple (XRP) Price Prediction & Elliott Wave Technical Analysis: Stay Ahead with Expert Insights and Trading Strategies

Ripple (XRP) Price Prediction & Elliott Wave Technical Analysis: Stay Ahead with Expert Insights and Trading Strategies

In this analysis, we provide an in-depth look at Ripple's price prediction through Elliott Wave ...

Read More >
Elliott Wave Analysis for NASDAQ Tech Stocks: Identifying Potential Bottoms and Long Trade Setups

Elliott Wave Analysis for NASDAQ Tech Stocks: Identifying Potential Bottoms and Long Trade Setups

The SP500 and NASDAQ have shown signs of a possible bottom following a recent correction. NVDA, amon...

Read More >
EURUSD Elliott Wave Analysis: Covers Essential Technical Analysis Techniques to help Improve Decision Making in the Forex Market

EURUSD Elliott Wave Analysis: Covers Essential Technical Analysis Techniques to help Improve Decision Making in the Forex Market

This article offers a detailed EURUSD Elliott Wave Analysis, providing traders with key insights int...

Read More >
Salesforce Inc (CRM) Elliott Wave Analysis: Stock Forecast, Trading Strategy, and Key Resistance Levels for Investors

Salesforce Inc (CRM) Elliott Wave Analysis: Stock Forecast, Trading Strategy, and Key Resistance Levels for Investors

This Salesforce (CRM) Elliott Wave Analysis examines the current wave structure, price trends, and f...

Read More >
Key Spain Market Insights, Bullish Trends and The Best Stocks to Watch: IBEX 35 Index Elliott Wave Technical Analysis

Key Spain Market Insights, Bullish Trends and The Best Stocks to Watch: IBEX 35 Index Elliott Wave Technical Analysis

The IBEX 35 market analysis reveals a bullish Elliott Wave trend, highlighting key IBEX 35 trading s...

Read More >

Buy 1 Month

Get 3 Months!

Special Offer:

Trade Recommendations

Unleash the power of deversified trading with our comprehensive portfolio, covering:

  • Stock Trades
  • Crypto Trades
  • Forex Trades
  • Commodity Trades
Elliott Wave Analysis

Gain a competive edge with expert insights in to:

  • Global Indices
  • US Stocks & ASX Stocks
  • Forex & Crypto
  • Commodities
Top-Notch Trading Tools

Equip yourself with the tools of success:

  • Social Chat
  • Elliott Wave Algorithm
  • Screener
  • TradingLevels
  • Trading Game
7 Elliott Wave Analysts

Stay ahead of the market with daily charts and insightful videos
-Your secret to strategic trading!

JOIN HERE


Welcome to TradingLounge (ASIC A.R.No. 321187), specialists in trades, trading education and technical analysis, covering stocks, indices, commodities, forex and cryptocurrencies.

When you join TradingLounge you have access to everything we offer, including trade tools, educational content and a social platform to chat with like-minded investors.

Read more

@Copyright 2024 by tradinglounge.com

Contact Us

Australian no: 02 4787 6020

International no: +61 (2) 47876020

Pay with:

Find us on