MEME
$DOGE dungeon finishAfter finishing the dungeon of last days everybody surely can feel the vibe of some dungeon boss appearing but its maybe because I played to much games and nothing is about to happen. Hodling is a way of doing when u are not sure yet what to do mostly for sure.
Nice trades for everybody and much lucky wishs #doggonacci
Elon hosts SNL May 8th, DOGE to .73 centsElon and the SNL cast will undoubtedly mention Dogecoin which will send it flying. I have been accumulating coins in anticipation of a large run-up into May and on that Saturday night when Elon Musk hosts. Every time someone mentions it whether it be Ellen/Mark Cuban or Slim Jims, it seems to fly.
Just a hypothetical if the first impulse were to repeat. I copied it and dragged it so it got distorted by the logarithmic scale. It shows DOGE could be headed to above 73 cents.
I'm Disappointed In The $DOGE Community Let's get straight to the point. I'm not mad, just disappointed. $DOGE is the greatest meme coin in crypto history and I have seen plenty of price predictions. Especially $1.00 price predictions. This is all fine, I hope it does reach $1.00! But here's where the disappointment kicks in. Where are all of the $0.69 predictions?! I mean, come on, I expected more of this. In fact, $0.69 is actually the 1.618 Fib Extension! As I said before, $DOGE is the most famous and most popular meme coin history, why are we not predicting SIXTY-NINE CENTS?! I'm much more excited for $0.69 than $1.00. The memes and tweets will be hilarious. Maybe we can reach $0.69 by the time the Dogefather is on SNL on May 8th.
Butterfly reversal scenario with $215 target on the 3rd wavein the last post, I had about AMC I showed you we are on the 3rd wave of Elliott and the target could be $215. if this target is true it could have a butterfly reversal scenario. with this target and butterfly harmonic pattern I have calculated the 4th wave and the 5th wave of Elliott and the ABC correction. you could see the targets in the chart.
Bullish Elliot Wave SUPERCYCLESo based on my previous post we broke down below 0.25 and literally plummeted to 0.14, as bearish as this sounds it has created a possible Bullish Elliot wave Supercycle scenario.
From the chart, we now have a completed wave 1-2-3-4-5-A-B-C in blue and have the makings of a larger wave pattern in yellow with waves 1 & 2 complete.
Wave 3 will be triggered if we can break and hold above 0.3
Wave 3 is the largest wave in the cycle and proportional to waves 1 & 2 for scale taking us potentially to 1.00 and beyond.
Wishing the bulls luck here.
No Mans LandThe symmetrical triangle is now invalidated due to the break below the yellow dotted line and we find ourselves in a descending triangle in the context of an uptrend (solid yellow line horizontal blue line).
Strong Blue line support @ 0.255.
The previous symmetrical triangles' lower trendline (Yellow dashed) is now acting as resistance.
So what does this all mean:
Bullish Case:
We breakout over the solid yellow line and move much higher where the dashed yellow line acts as a temporary pause. Based on the chart this could take up to May 7th to play out.
Bearish Case:
We break down and hold below 0.25, which would be very bearish as the next level of support below that is at 0.18.
Some observations:
The pace of the down move over the last 2 days has slowed as compared to the initial descent from 0.42 which is slightly bullish, however, there is some extremely unusual trading activity between 0.3 to 0.32 (heavy selling and buying)
Fingers crossed, let me know your thoughts and observations!
the targets of $Plug with harmonic patternsXABC is a butterfly harmonic pattern:
AB=0.78 XA
BC=0.38 AB
tp1=1.6 BC=$62 *reached*
tp2=1.27 XA=$134
tp3=2.24 BC=$325
other targets with X345 cypher or shark possibility:
tp4=1.13 3-4=$94
tp5=1.41 3-4=$155 *more likely*
tp6=1.6 3-4=$220
since other targets of butterfly are higher than $75 the price zone of could not be dangerous, but be careful at this price zone.
AMC is bullish on the 3rd wave of Elliottlet's talk about what we have now not what we will have. the 1st wave of Elliott broke down descending channel and 2nd wave pullback to it so we are on the 3rd wave of Elliott but what is the target. we have a butterfly that gives $43:
AB=0.78 XA
BC=0.88 AB
CD=1.6 BC= 1.27 XA=$18 *reached*
or
CD=2.24 BC=$43
since we had a strong wave on the 1st wave I believe the target must be higher. the target of Fib channel of the whole chart is $215
DOGE still hungryDOGEcoin 🐕 is getting ready to break up this triangle , and if successful I think there is chance for run to 0.517 and even higher.🦴
ENTRY : local high @ 0.331
SL : local low @ 0.280
TARGET : height of the triangle projected from midpoint of the local range (BUY STOP-LMIT - SL) @ 0.517
RRR : 3.65
INVALIDATION : when SL level hit
Like👍 & Enjoy🍿!