UnknownUnicorn4285265

I'm expecting doge at 9 cents in a week or two

Short
BITTREX:DOGEUSD   Dogecoin
I'm basing this on three things.

One, it's the bottom of this downsloping channel using daily candle closes.
Two, I believe bitcoin is making it's final hurrah up before crashing down. The last time bitcoin did this doge went nuts up like 400% or whatever.
Three, it's the top of the previous resistance cluster made on february 7th.

If doge repeats the same percentage that it did the last time it will do something similar to this.

So... 9 cents in a week or two...

Then doge up to 42 cents or so in the span of a couple weeks. I really think doge will 4-5x in a 2 week span.

I expect a monster crash for all of crypto starting in mid to late november. I do not think this is a real bullrun. Just a momentary bullish relief rally.

My exact target is 8.88 cents.
Comment:
For the record, 42 cents is also exactly a .5 retrace. Even more confluence.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.