✳️ Dogecoin Set To Grow vs Bitcoin

2 Jan 2023

We are bullish on the DOGEUSDT pair but we are also seeing a potential recovery on the Dogecoin vs Bitcoin (DOGEBTC) pair...

Do you remember this trade idea from late November 2022?

✳️ Dogecoin vs Bitcoin | Correction & New Bullish Wave Target 200%+

What we see on this chart is a classic ABC correction based on Elliot Wave Theory.

After a bullish wave there is always a correction, this is normal...
After the correction we see a resumption of the initial move which in this case means additional growth.

Since we have a lower high, we expect to hit a higher high on the next jump.

In case things change, the blue space is the stop-loss.
Any trading above this level, 0.000004, and our bullish bias stays valid.

Thank you for reading and for your continued support.

Namaste.