I have 2 different counts to make sense of DOGE price action. One assumes the correction is almost over and it is time for the next bull market; another one assumes a bit longer to go.
The Orange WXY count is a zigzag and a flat connected by a flat. Currently the C leg of Y is playing out as an ending diagonal structure. In this count, we should see a break of the triangle structure and couple of more legs down to about .03 to complete the correction within the next six months.
The black is a triangle which should be ending soon. Even if it drags on a while longer, we should not see the June low of $.05 break. In either case, the Primary wave 5 target would be around $5-$6, even it sounds crazy. That's another 100x from the June lows!
The general markets including the crypto market are in a strange place. There is a lot of negative sentiment but we are not seeing a total collapse either. These are very interesting times, indeed!
The Orange WXY count is a zigzag and a flat connected by a flat. Currently the C leg of Y is playing out as an ending diagonal structure. In this count, we should see a break of the triangle structure and couple of more legs down to about .03 to complete the correction within the next six months.
The black is a triangle which should be ending soon. Even if it drags on a while longer, we should not see the June low of $.05 break. In either case, the Primary wave 5 target would be around $5-$6, even it sounds crazy. That's another 100x from the June lows!
The general markets including the crypto market are in a strange place. There is a lot of negative sentiment but we are not seeing a total collapse either. These are very interesting times, indeed!
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.