DOGEUSD Elliott Wave Analysis – TradingLounge Daily Chart
Dogecoin/U.S. Dollar (DOGEUSD) Daily Chart Analysis
DOGEUSD Elliott Wave Technical Analysis
Function: Counter-trend
Mode: Corrective
Structure: Zigzag
Position: Wave ((C))
Direction Next Higher Degrees: Wave ((C)) of Zigzag
Wave Cancel Invalid Level:
Details: Wave 2 is likely ending, and the price is starting to rise again in Wave 3.
Dogecoin/U.S. Dollar (DOGEUSD) Trading Strategy
The corrective phase in Wave II appears complete, shifting focus toward the anticipated five-wave rally of Wave III. The price action remains bullish, confirming an uptrend. Traders should consider re-entering the trend to capitalize on the upward movement.
Dogecoin/U.S. Dollar (DOGEUSD) Technical Indicators
DOGEUSD Elliott Wave Analysis – TradingLounge 4-Hour Chart
Dogecoin/U.S. Dollar (DOGEUSD) 4-Hour Chart Analysis
DOGEUSD Crypto Technical Analysis
Function: Counter-trend
Mode: Corrective
Structure: Zigzag
Position: Wave (B)
Direction Next Higher Degrees: Wave (B) of Zigzag
Wave Cancel Invalid Level:
Details: Wave 2 is likely ending, and the price is starting to rise again in Wave 3.
Dogecoin/U.S. Dollar (DOGEUSD) Trading Strategy
Wave II correction seems complete, redirecting attention toward a five-wave rally in Wave III. The prevailing price action indicates bullish conditions, offering traders a potential opportunity to rejoin the upward trend.
Dogecoin/U.S. Dollar (DOGEUSD) Technical Indicators
Technical Analyst: Malik Awais
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