This is my personal long term target.
Daily candle just opened at top of wedge. We could get a clean break from here or it could revisit bottom of wedge and break out later on. These are my personal targets for either bullish scenario. The other scenario is a consolidation in the wedge and crash later.
Hard to gauge from the normal DOGE/BTC pair so I took the inverse. Chart shows that a 85% decrease is possible in the BTCUSD/DOGEUSD pair.
Risky at this point.
BTC Market cap dominance is running out of room in this wedge. Is there going to be a second impulse down due to a spike in ALT coins? If so this is the measured move down.
Very unlikely that this will happen. But these are my personal targets for a second impulse.
Possible move to 1.7 area
Same pattern on many tech stocks and stocks in SPY. Could get ugly.
Just measuring to see how high the squeeze can go.
Undiscovered lotto play possibly
Gamestop squeeze making some weird stuff happen. Hype could also move the market to 4k+. Cash with a hint of meme stocks and some puts seems like a nice balance.
Gap to fill at 2 as well, which also coincides with a smaller measured move impulse.