My Prediction on DOGE before another MAJOR correction.So this is what I believe DOGE will most likely do before we see another Large profit taking. I believe it will kinda bounce up and down until we break that 40 cents resistance line after that mostly will see small 38.2% retracements until we hit between 0.50 - 0.60 cents.
Take Profits anywhere in the area of 0.50 - 0.60 cents then I believe we will see another major pull back possibly ending the trend momentarily. I do want to add that this prediction can however change depending on any bad news / good news that could negatively or positively impact the market and / or Bitcoin has another big pull back. Either way I do believe we will see around 0.50 - 0.60 this cycle then it will pull back for the people who took profits to take a short position and buy the dip before we start to head towards $1.00 which I do strongly believe DOGE will hit given all the hype + historical data of DOGE.
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Longshort
AUD/USD --> SIGNALS FOR SHORTINGHello forex traders!
Today i want to show you a little bit longer time trade.
AUD/USD in past months was one of the strongest bulls, but recently it gave very strong signals for shorting side.
I have analyzed several factors and i suggest you to do the same!
Hope to help you
Andrea.
EW Analysis XRPUSD: Bears May Not Be Over YetHello traders!
Today we will talk about Ripple (XRPUSD), its price action from technical point of view and wave strcuture from Elliott Wave perspective.
Ripple is moving to the downside since August with a five-wave drop from the 0.3295 highs. So, this appears to be wave A, as part of ongoing bearish reversal. In fact, current recovery looks very slow and choppy which usually indicates for a corrective (a)-(b)-(c) movement, ideally into a wave B that has already reached the first resistance at the previous wave four.
Another reason why we think it's worth to keep an eye on another drop on Ripple is XRPUSD Longs/Shorts ratio chart, which we see it at the upper side of a range, at the resistance zone and it's telling us market is positioned long, expectations are for the rise, so simply it may not happen so easily, especially if we respect the past two cycles.
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