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BelaK
Feb 11, 2024 5:25 PM

674x again on DOGE? 

Dogecoin / US DollarBinance

Description

The price of DOGE has been contracting in an ABCDE triangle. Now, it is very hard to count corrective structures, because based on Elliott Wave, correction can retrace the entire impulse move. The start of the triangle count is essential to get the direction right, so this is a speculation at this point. Either way, I am expecting a correction until April-May-ish where a bet could be made based on the larger pattern.
Comments
sprangs
It would need to go from $0.066 to $44.65 to be a 674x..... What would the marketcap have to be for that? 6.3 trillion dollars? If there's 143 billion shares.
BelaK
@sprangs, Yes this is a very valid point... probably won't happen to the full extent. The 674x would be from the low, from this price the top would be $32, but that'd be a huge market cap as well.
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