Doge, by Elliott Wave

Fed dovish, pouring money into the market, buys bonds, lowering interest rate, crypto and stock market up in 2020. Fed hawkish, lowering bond assets, anticipate four hikes of interest rates this year, crypto and stock market down. Doge formed a falling wedge, ending diagonal. It is the last stage of correction by Elliot wave, RSI is near the oversold area in daily time frame, so maybe it is good point of entry.


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