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WealthMurphy
Jan 26, 2018 7:59 AM

DOGE new Elliot Wave 

Dogecoin / BitcoinPoloniex

Description

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
Comments
BlinkTrade
ummm interesting analysis on the increasing previous ATH value.
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