Elijah144

Elijah144 Updated 

Here I have Dogecoin within a descending triangle formation, which has the ability to be quite bullish or quite bearish. According to the fibs on the chart, and for the other previous runs within the channel Doge has been in since late last year, each bull run comfortably reached the fib range of 3 to 3.272; this would put us anywhere from around $16 to $30 by the...

Elijah144 Updated 

We broke upwards through the first descending triangle on the 0.618 level, then broke downwards through the 0.618 in the second descending triangle; we are now watching the third, and given that there’s pretty much thin air underneath where we are currently consolidating, I don’t see this thing breaking down too much farther… if anything, then around the $0.028...

Elijah144

We’ve nicely broken upwards out of the descending triangle; we should be looking for this to continue behaving quite bullishly. After looking at and comparing fib levels throughout the various charts available, I believe a solid price range of $0.10 to $0.15 is viable for the mid to high range, but for the low $0.08. This uptrend seems to have a bullish sweet spot...

Elijah144 Updated 

Initially, the formation appeared as a pennant flag, then it broke down into what we see now as a descending triangle—this could be very bullish or very bearish. Within descending triangles the volume, as it encroaches on the triangles apex, decreases over time. A descending triangle will also usually make its move to the upside or downside shortly before it hits...

Elijah144 Updated 

We’ve been seeing what appears to be a forming bullish flag/pennant since the last ATH; the yellow and green lines don’t mean too much—they’re just connective lines between cycle lows I draw for myself. Perhaps we have found/made some good resistance at the approx. four cent area, but as for the fib retracements during this cycle it’s pushed to a good median area...

Elijah144

I’m reposting this because apparently the first one I did literally 5 min ago got sucked into a black hole? Anyways, I’ll make it short this time, Doge is mirroring BTC’s first ever rally from 2010-2011; this rally for BTC ranged it from ~$0.08 to ~$28. Along with this, Doge was released right after BTC’s 2013 super cycle, and has been bearish and has rallied...

Elijah144

To begin, if you don’t have anything constructive to say or anything to say that produces fruitful dialogue or argumentation to my hypothesis please refrain from tapping your fingers. Alright, so, we have been within the maroon channel since sub one cent and within the green dashed cone-channel since Doge’s validation in the trend; with reference to the two...

Elijah144

We are in a clear pattern here; we’ve been in the maroon channel since sub one cent, and within the green dashed cone fib channel we are arriving on the 1.618 zone just in time for this next cycle. The 1.618 zone has been a pivotal level of retracement within Bitcoin’s history—it adhered to this during 2013, 2017, and now, which is funny because the super cycle...

Elijah144

As you can see on the chart within the Fibonacci channel that we have been in since the entire market turned upside on approx. July 16th, you will notice that Doge hit the one fib zone to spark the channel, upon the second hit and slight entrance sparked a rise, and now upon the third hit and slight entrance there will be another rise sparked. It’s only a matter...

Elijah144

A chart pattern I don’t see get much recognition is the Adam and Eve double bottom; this pattern is formed when one sharp V-shape bottom is made as the first low during high volume. The price will then bounce back higher, then form the second bottom, which is more of a cup shaped or rounded second low. The V-shaped low is the “Adam” and the U-shaped—rounded or...

Elijah144 Updated 

As you can see on the chart—the rise to ~300k—hitting the upper blue channel line for the third time seems to be quite the charm. There are two blue channel lines and two yellow channel lines; the blue channel encompasses the vast majority of BTC's price action and the yellow channel is meant to encompass the W pattern we've made recently and its relative breakout...

Elijah144

For the ETH chart here, you can see there are two turquoise trend lines creating a channel and a red trend line creating a more fluid representation of the price action over the years. The two green paths with pink ellipses around them, one during 2017 and the other now, indicate the fractal pattern that could possibly ensue bringing us to ~20k. The percent...

Elijah144 Updated 

I don't really have anything to add the picture speaks for itself.

Elijah144

Shall we go to the six digits or shall we fall? It’ll decide for us…

Elijah144

I've been watching Dogecoin very closely since its abnormal spiking at the beginning of this year, as well as Bitcoin and the rest of the coins. I noticed how Dogecoin has been pretty much following Bitcoin from 2010 after it rose to $0.08 at the beginning of the year. I said it would go to ~$0.40 about halfway through April using this, and perhaps a little higher...

Elijah144

Here is a very peculiar and compelling insight into Dogecoin, which could very well leave us at $30 by EOY; I would use this space to further explain, but I have already included information inside text boxes on the chart

Elijah144 Updated 

Hopefully somewhere here you will find a link to my analysis. The price points and dating are ultimately derived from Bitcoin circa 2010 to 2011. I noticed Doge around two months before the end of 2020, and, upon it hitting $0.08, I began to look into it; I found that Doge looked nearly identical to 2010 to 2011 bitcoin, so I looked at the timeframe of Bitcoin's...