Long

Alikze → BABYDOGE | Making a return pattern

Updated

According to the previous analysis, it went around the target but did not touch the neck line. It has now gone through a full cycle where its correction after the dynamic touch trigger has again met with support. It has several points. 1- It looks like a triangle corner pattern is being made. 2- The reversal pattern is forming. 3- If the swing range of 0.0000000015 is broken, the path will continue to grow until 0.0000000029 and after it is broken until the red box.
🟩Sup:0.000000001093
⛳️Tp 1:0.0000000015
⛳️ Tp2 :0.0000000029
⛳️ Tp3 :0.0000000053
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Note

Great. According to the momentum, it will have the ability to reach at least 1632 and then 1848. If this wave continues, it will touch 2646 and the supply range. At the moment, there is no weakness in the trend, so this wave will have the ability to extend to the specified areas as long as no weakness is observed.

Note

The second target was touched. The next target will be 0.000000002900.

Note

The second target was touched. With the failure of 29, it will have the ability to reach the supply area. Only now it is involved in the dynamic trigger, which must be removed from this density as I said, and I expect it to be 1300% in return if approved.
If its structure and behavior change, I will update it.

Note

In the range of the dynamic trigger, it was corrected and now, due to a complete cycle correction in the lower time, if the green box area is maintained and Fibo 1.618 is broken, it will be able to reach the next supply area. If the area is not maintained and the behavior and structure of the post is changed, it will be updated.

Note

In the current area, you can buy some for the target with the loss limit under the green box.

Note

The long position presented in the Fibo range of 1.618 was stopped after two attempts. Currently, it looks like a zigzag modification is being completed. If it penetrates below the range of 0.000000001864, this correction will continue until the next level, which can touch the range of 0.000000001500. But if this correction reaches a flat bottom around the previous wave, then we should see another rise and failure of the dynamic trigger.

Note

Corrective wave C is being completed. I will update the chart after completion.

Note

According to the presented analysis, its three-wave correction was completed within the specified range. But due to the type of behavior, this return cannot be used as a price reversal. This return can be an upward correction, until the red box area is broken upwards, it will be difficult for the currency to continue the upward path.
Therefore, in case of investment, you can wait for the break of the red box area and its high stabilization for the next target.

Note

As predicted, this return has progressed to the supply box area after a three-wave correction. But according to the momentum, there is a possibility of failure of the area. Therefore, if the zone is broken, the correction will not be combined and continuous, and the zone can continue the upward path. If the behavior and structure of the post changes, it will be updated.

alikze

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