Your camcorder is a tape-based miniDV camera, a 15 year old format whose capture is no longer supported by most programs and operating system.
You have a couple of options:
1) If your computer has a FireWire (IEEE-1394) connection, you can attach your camcorder to your computer via FireWire and then use a program like WinDV to capture your video in real-time stream. You will then be able to edit this DV-AVI video in Premiere Elements 2018.
2) If your computer doesn't have a FireWire port, you can try installing one and then using the process described in Step 1. However, many current models of computer can not do FireWire capture, even if a card is installed. It depends on your system and what type of card you can install.
3) You can capture your video as an MPEG using a device like this and the software that comes with the device. You captured video should work with Premiere Elements.