Just a basic chart. We can see the baseline target that was called in the previous post (see link below). Called to the exact point. I feel confident in this one as well. From here when we get a strong breakout- it will be STRONG- expected upticks seen around Sunday or Monday ish. The price will continue to surge violently up. There is a resistive point at .10 but I dont think it will hold price back much , We may see some MINOR retracements, but this move I feel will be fast and culminate before the end of next week 11th. Once target is reached expect a pullback...and then I will re-explore the next target.
Note: I do employ methods to this that are not illustrated on the chart. I may include them in the future but I have to get a bit more organized with the drawings. For now- enjoy. CHEERS
Note: I do employ methods to this that are not illustrated on the chart. I may include them in the future but I have to get a bit more organized with the drawings. For now- enjoy. CHEERS
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Price action has pulled back slightly and showing signs of a tight consolidation which is what is expected before a strong rally. This may continue another day or two, and then we should see some conclusion to the price action.
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DOGE is taking the long way to grandmas house...
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Small Caution- I expect flushes before moves up- just natural part of the trading action to see. Expect possible flush to downside to 0.75, a lower price in the short term for Doge. The price action is rejecting very sharply on a harmonic that showed a fake bull move (so far). Bounce at or near 0.75. Ill take another look at it after this to be sure I am on the right path. This has already taken longer than expected for upside move.
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Have we reached the bottom of this minor downtrend? Id like to see a trend reversal within the next 4-5 days. Gotta get over .078 though
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Just stagnated.. May see a deeper pullback to 0.06 before we get over 0.078. Would be a good opportunity to scoop up more DOGE at a discount.
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When I said price will surge violently- that was what I meant. Super big candle today!
Comment:
Doge continues this MASSIVE consolidation in price at .70- .96 cents.... Price stabilization is a key to bigger and more profound move sup in crypto. Time will tell here. In the event BTC goes down- DOGE will too.. but this can lead to lower opportunities to buy for the late comer's and if BTC rises- well you already know what will develop!
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Re-exploring here.. been a wild ride, but Doge appears to be in the initial phases or returning back to where we were in the 9-10 cent range. Consolidate here and work our way back up to 11-15 cent range.
Comment:
May possibly see a slight dip in price before the rally up.... but if so the support is clearly at 0.064 for additional low priced buys and accumulation.
Moorsc0de aka Crypt0nomics aka Zaphkiel
