Buying zone between $219 (0.5 retracement) and $122.88 (0.854 retracement of the first impulse).
Looking at the RSI trajectory and the MACD bearish signal in the weekly we are likely to cross the 200 EMA to $147.35 (0.764 retracement), a zone that has been acting as support and resistance for the past few months.
Baidu closed the second retracement of the...
My last idea fell victim to the big dip. It gave a bunch an opportunity to re-grab doge at a great price for a nice little HODL for this next wave.
We're really at the cusp of breaking out of this .40 resistance. I'd expect a small initial rise with a little pull back before the rocket fires for the 3rd wave.
3rd waves are typically 168.1%...
From my perspective, we are entering the last leg up of the third wave impulse. Once the trend leaves the parallel channel we will then enter a larger 4th wave correction. Targets on the chart. Good luck!