Using Elliott Wave theory, Doge is consolidating within a triangle. Ending its ABCDE(pink) wave at the Pounce Zone.
Pouncing 5 waves(white) up to 0.57 - 0.58 before taking another breather for another pounce!
If targets are met, a cup and handle might form.
But as always doge price action is reactive to doge master, Elon. Charts won't matter then. BTC price action plays a part as well.
Not financial advice. Only for reference and educational purposes. Trade at your own risk and use risk management.
Pouncing 5 waves(white) up to 0.57 - 0.58 before taking another breather for another pounce!
If targets are met, a cup and handle might form.
But as always doge price action is reactive to doge master, Elon. Charts won't matter then. BTC price action plays a part as well.
Not financial advice. Only for reference and educational purposes. Trade at your own risk and use risk management.
Comment:
Doge has reached the Pounce Zone and BTC is soon to be completed with the correction. Good Luck to all Doge Hodlers!