Dogecoin is potentially forming an expanded ending diagonal as Wave 5. The uptrend at the end of 2022 can't be Wave 1 because no clear five-wave impulse is countable. Regardless of my bullish stance, I would be wary and prepare for movement in either direction.
Short-term, I'm bullish for the last Wave 5 of the diagonal. Long-term, I see a prolonged bear market coming.
Short-term, I'm bullish for the last Wave 5 of the diagonal. Long-term, I see a prolonged bear market coming.
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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.