DOGE wave 3As promised, on the previous idea, I've come with a new DOGE analysis.
It really seems that we are currently in wave 2 of Elliot waves and may do another run up for the wave 3.
A good buy opportunity is under the hourly cloud
MACD and Stoch RSI look good on higher timeframes and also GMMA looks to start squeezing.
The 3rd wave may be in one of the two zones which match key resistance support and resistance but also some fib zones.
Dogecoinbtc
DOGE new Elliot WaveIt had a retracement to 0.618 fib level and daily Stoch RSI seems to reset. Also MACD seems to turn around
It seems that we are currently on wave 2 of a higher move.
Latest market cycles had tops with around 38% higher than the previous market cycle
All that tells us that there is a high chance that DOGE will go uptrend again.
I will look to sell in old support and resistance areas that also match fib levels.
YEAR OF DOGE 2018 - over 10x Potential (HIGH RISK)Robinhood NEWSDOGE is a phenomenal coin is sense of its growth. It has enormous upside to it, including getting listed on Robinhood exchange this Q1-Q2 of 2018 which will just make the market go wild, especially since Doge is very cheap and although that plays no role in reality, it has a great effect of psychological state of people. We tend to think that the, "Cheaper this coin is, the bigger is the potential to get 'rich fast'." - that is not true, however you will not change how people think, only take advantage of it.
I wish you all luck, plus to give you guys a rumor... Coinbase is said to be adding several new cryptocurrencies to its platform, and one of those will most likely be DOGE Coin.
INVEST ONLY WHAT YOU CAN AFFORD TO LOSE
Doge is for 2018 BITTREX:DOGEBTC
its a fun coin, but it is good for your portfolio.
We are long from 16 sats and booked profits at 110.
Here is our previous analysis
And Fibonacci ext shows the targets, 100% - 160, 200% - 240
Here is the short term view.
IT'S THE TIME FOR DOGE (PROFIT 120%)Hi guys,
The expected day of the year came for DOGE
Target : 179 SATS
(P.S. : I'm a beginner trader, trading for about 1 months. This is my opinion, do not invest your money based on what i drew. )
Have a great days..
