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adambiers
Mar 2, 2021 3:25 AM

DOGEUSD: Complex correction Short

Dogecoin / US DollarBittrex

Description

Doggy looks to be slowly coming down. Everytime it looks like it will pulse down it get picked right back up. What's happening now seems to me as if we're in a double flat correction. Invalidation's posted on the chart. Thanks for looking!

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Nothing new so far. Still expecting it to go try and tag the top of the last impulse. Looks ugly and boring, unlike the doge which is cute af and probably super playful

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the flag is developing nicely. should see a breakout.

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last one didn't break...still bearish short term

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Still no breaky, but looks weak!
Comments
MoneyMakerTrade
Nice chart !
JamesRunningLongAbbe
interesting perspective
adambiers
@JamesRunningLongAbbe, EW analysis can def be interesting sometimes, since patterns don't always fit the internal wave structures theorized back in the 30's Thanks for checking it out!
JamesRunningLongAbbe
@adambiers, yeah i think i've only ever seen one other person chart like that. im not much of a betting man but this looks like it honestly fits best.
adambiers
@JamesRunningLongAbbe, I make some stupid plays sometimes lol DOGE is one I personally stay away from. I know this has become pretty pupular so I figured tracking it isnt a bad idea. Might help someone see a setup they haven't. Also might help my analysis too seeing another persons perspective. I enjoy being wrong, just as much as being right.
JamesRunningLongAbbe
@adambiers, yeah, more opportunity and better odds in eth atm... doge only really sees action when bitcoin says its ok hahah
adambiers
@JamesRunningLongAbbe, It surprised the hell out of me so far. Who would have thought?? lol it prints just like the fed and from what I can tell is seems to be one of the most centralized coins.... just like the fed lol
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