WealthMurphy

DOGE new Elliot Wave

WealthMurphy Updated   
POLONIEX:DOGEBTC   Dogecoin / Bitcoin
It 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.
Comment:
Still in buy area.
Trade closed manually:
Targets are still active, but will sell the majority of it (I still have some) and will look to buy lower.
It may break the 6h cloud and after that it may go down and touch the cloud again

right above the 1h cloud
Comment:
If it will fall to the new buy zone, I'll post a new idea, if not then this will be considered as profit.
Comment:
It went as predicted

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