DOGE Could Go Over $10 (Elliott Wave/Neowave)Based on Price, time and structure, it looks like we're only about half way through the big wave-E. Wave-a of E was very large and violent so I suspect wave-c of E will cover a lot more time and around the same amount of price. This means DOGE Could continue rallying until mid 2024 and go to around $17, which would put it at about $2T Market cap. BTC over the same amount of time will probably go to at least $500k which would make it a $10T market cap. So DOGE will still be smaller than BTC but still in the top 10, with total crypto market cap probably reaching into the $20-40T range (about as big as USD or EUR market cap).
Momentum indicators and price action are strongly indicating a bottom has formed here, so regardless of the forecasted targets it seems like the trend will be up for quite some time. With Elon Musk's acquisition of Twitter it's possible he will put DOGE front and center in front of hundreds of millions of Twitter users, and also integrate DOGE payments into Twitter.
Zigzag
🐶DOGE - 30% crash is imminent!
30% crash is definitely very possible on DOGE, so be prepared for it!
After a 189% pump on DOGE, do not be surprised at all if we the bears step in. What goes up fast also goes down even faster.
An impulse wave was detected from the peak, which is not a great sign. There is an increased probability of another impulse wave to the downside.
Overall, I think this huge pump on DOGE is done, and I expect a retracement to shake out late longs.
Let me know in the comments section what you think about DOGE. Are you bullish or bearish? I look forward to your comments!
The latest news on DOGE is that Twitter will not include any cryptocurrency at this moment in their business plan.
I believe DOGE will go up, but not now; it's just too fast.
I expect tremendous gains for selected altcoins. You can find them in the related section down below.
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Curve CRV - 2000% profit! (lifetime opportunity)
This is a once-in-a-lifetime opportunity to buy CRV at this very low price because this coin can explode anytime soon!
2000% profit is real, no problem at all. You can buy this coin on the spot market or you can open a long position on the futures market.
CRV is currently ranked #78 on coinmarketcap, so there is a lot of room to go up. The market cap is relatively low.
Curve is a decentralized exchange for stablecoins that uses an automated market maker (AMM) to manage liquidity.
This setup is amazing from the Elliott Wave perspective because you can catch the third wave of the third wave, which is a dream setup!
The main trendline is breaking out, and wave 2 has been completed. It looks very promising; do not miss this opportunity.
I don't know what about you, but I am buying this coin! You can buy it with a small amount of your funds, if you want to allocate your capital somewhere else.
All-time high resistance is of course a strong resistance, so I recommend taking profits below this major level to make sure you will get filled.
Look at my ideas about crypto's total market cap, Bitcoin, and LDO in the related section down below.
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EURGBP Double Correction Sell-OffThe EURGBP is still maintaining the downside direction. We are trading in a Double zig-zag correction pattern. But we must see the (X) wave initially make a minor zigzag correction in the upside direction. The upside correction might not be very deep it might not even reach the 61,8 Fibonacci level.
What you have to realize is that we had a similar pattern on USDCAD in the 2020 financial crisis. The pattern was between 16 May to 27 April 2020. The patterns are less the same so we can expect it unfold the same way.
GOLD is no longer good
We are living in the digital age, and we require digital money like Bitcoin. Shiny metal is beautiful, of course, but the internet is currently up and running.
I remember the peak on gold in 2020, when the coin stores were full of people and there were big queues in front of the stores full of retail investors.
It's not looking good for gold at all; another 17% drop is possible as per my technical analysis.
According to my Elliott Wave analysis, if we want to stay bullish on this wave count, then the bulls need to defend the 1350 USD level. We are currently in the C wave of the corrective structure.
1350 USD is a strong support because: the start of the gap from 2019 + breakout level from 2019 + Wave 1 support from 2016 + Trendline from 2015 + 200 monthly MA!
200 daily/weekly/monthly MA is considered a very powerful support by huge institutions and hedge funds.
This is a great opportunity for a swing trade in the future!
Look at my ideas about Bitcoin and crypto's total market cap in the related section down below.
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✅Crypto - 2014 trendline is holding, open your eyes!
This is technical analysis; I don't care about interest rates or fundamentals! Leave this analysis if you care about wars, covid, inflation, interest rates, and so on.
95% of people will never buy at the bottom and never sell at the top.
These people will tell you we will go to 13k. When we reach 13k they will tell you we will go to 10k. When we reach 10k they will tell you we will go to 6k. When we reach 6k they will tell you we will go to 3k. When we reach 3k they will tell you they will buy at 1k and so on. These people will never buy during the bear market; they will buy at the top instead!
As you can see, the chart is extremely bullish. If you don't see it, then you are probably shorting support and longing resistance all the time.
This is really not the best time to be bearish. If we drop below the main specific support, then I will quickly switch my overview on the market. There's nothing wrong with that.
I am not a permabull or permabear. You know me well; today I can be bullish, tomorrow I will be bearish, and in two days I will be extremely bullish again.
It doesn't matter if I am wrong and Bitcoin goes to 13k. I can be right only 50% of the time with RR 1:2 to be profitable. I take swing trades with RR 1:20.
I think 2023 will be a very bullish year for the crypto market, but you need to hold good coins. Forget about ADA, SOL, XRP, DOT......These coins will pump, but not next year.
If you are bearish, tell me why in the comment section down below!
Which coin do you want me to analyze? Let me know in the comment section!
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XAUUSD forming ending Diagonal for wave 5Elliot wave wave in a daily TF most waves completed successfully and now wave 5 is forming as an ending Diagonal a down trend zigzag to complete the full
cycle before going up the (invalidation price is tagged on the chart) ... and the ABC on chart is the depending on the market with expected (C) to reach at least 1850$
this is my thoughts sharing with you and not signal
follow the market Trend safe trades
✅LDO - This altcoin is ready to fly!
Everyone is waiting for trade setups like this! LDO is a very promising altcoin and I will tell you why in this analysis.
As you can see, the price is moving in an ascending parallel channel. This channel currently has only 3 touches, so it's brand new.
inside the parallel channel, there is a bullish flag that is currently breaking out! It's definitely a great time to buy right now!
The uptrend started with a strong impulse wave, which is a great indication of strength. Wave 2 has been completed successfully as an ABC ZigZag and we have already started a third wave to the upside!
The profit target is at 1:1 FIB extension LOG / 2.618 FIB LINEAR or the top of the parallel channel on the LOG scale.
Lido is a liquid staking solution for Ethereum. Lido lets users stake their ETH with no minimum deposits or maintaining of infrastructure - whilst participating in on-chain activities, e.g. lending, to compound returns.
If you bought this altcoin or if you want to buy this altcoin, then comment on this idea!
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✅Bitcoin - You must see this!
Bitcoin is the beast! Did you see that green dildo on DOGE? This is what is going to happen with Bitcoin, so hit the like/boost button if you want this scenario right now!
Doge is a great indicator that the bottom of Bitcoin is in and extremely bullish November starts in just 2 days.
If we maintain this parallel channel, Bitcoin could reach $23,000 USDT next week. No problem at all.
As per my Elliott Wave analysis, we have plenty of room to go to the upside because the impulsive structure is probably incomplete.
If you are bearish, comment on this idea to share your opinion!
The stock market can continue to drop while Bitcoin can go up. I don't see any issue with that. But the bottom of the stock market could be in as well.
Bitcoin may never fall below 20k again. But the price is still very cheap and very good for an investment with a great risk-to-reward ratio.
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DOGE - To the moon! Huge bull flag | +5000%
Doge is absolutely ready for a massive impulsive wave to the upside on the macro scale!
The chart is printing an impressive bullish flag on the weekly chart with an ABC ZigZag structure, which is even better.
As you know, I am very bullish on Bitcoin for the upcoming year 2023 and the BTC dominance chart indicates a juicy alt season!
As per my Elliott Wave analysis on the macro scale, we have finished a corrective ABC wave 4, and we are currently starting a final impulsive wave 5.
We don't really know what price DOGE can reach, but I expect the 0.618 FIB or the 0.764 FIB extension from Wave 3 -> Wave 4.
The average transaction fee on DOGE is currently 0.04 USD and the confirmation time is below 1 minute.
I expect tremendous gains for selected altcoins. You can find them in the related section down below.
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PolkaDot - A huge breakout or a trap?
Please do not buy DOT. There are many, many better coins. This analysis is for you if you want to get out of DOT or if you want to buy DOT.
This altcoin looks really bad. I would not buy it. But, it looks like we will have a relief uptrend.
I think we can definitely reach at least the 0.382 FIB retracement of this downtrend wave. This wave should be completed and we are looking for a bullish correction.
We have a descending parallel channel that has been destroyed by the bulls recently. So the bears should pause for a while.
As per my Elliott Wave analysis, there is an impulse wave, which is a great sign of weakness. This is probably not the bottom!
I expect a huge bear market after the retracement, so be careful with this altcoin.
Look at my ideas about APT, ETH, BTC, and inflation in the related section down below.
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❌APT Aptos - Be careful, do not buy this coin!
I see multiple warning signs on this chart. It looks like a lot of traders bought this coin on the spot market and also longed this coin on the futures market to get rekt.
The price action is absolutely bearish on the APT coin. I strongly suggest staying away from this altcoin. You can probably buy it at 1 USDT later!
The bulls failed to do an impulse wave, which is a disaster. Also, we can spot a triangle, which you do not want to see at all if you are a bull.
From the fundamentals perspective, APT is likely a great coin. That's why I recommend buying APT at much lower prices.
This is just a quick update on this coin and my opinion.
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✅Ethereum - No one is talking about this!
It's been 41 days since the merge. If Ethereum was still on PoW, there would be up to 488,000 ETH that miners would be able to dump into the market. Instead, net issuance is only 1,300 ETH since merge and stakers can't sell any of that yet! This is absolutely bullish.
Hit the like button if you didn't know that, because no one is talking about it!
As you can see on the chart, there is an ascending parallel channel, which is really great for a potential profit target or a sell short opportunity. This channel is on the LOG scale, but you can also draw it on the linear scale. Both are valid, unfortunately.
According to my Elliott Wave analysis, a previous extremely strong impulse wave gives us a great chance for a new swing high! Also, the correction has been clearly completed as a double ZigZag.
The price is above the blue trendline and do not be fooled. This trendline is much longer than you can see on the chart, but I am unable to show you on this daily timeframe.
It looks like November will be very bullish for the crypto market, which is really great, isn't it?
Look at my ideas about Bitcoin and 0% inflation in the related section down below!
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