I'm already in long positions since 0.006. I am holding for the $7 target (long-term target).
Sometimes I like to chart a shorter timeframe to earn some free coins ( and keep me busy over the weekend).
Go $DOGE! To the Moon! 🚀🌙
I see a potential cup/handle here.
I would like to see this pullback to the 50% @ 40.30 for entry.
@ Current Price ($43), it's still a good entry considering the R/R so I have a small position. I"ll add more to my full size position if it does pull back to 40.30.
No offense to the bulls, but with so many bullish ideas shared, I think this may be the time to short this ticker.
From an Elliott wave perspective - it looks like 3 waves down since February 2020 drop was wave A and 3 waves up to complete wave B.
Wave C should take us to either -0.236 to -0.618 level.
Standard Target for Expanded Flat Correction:
Wave B =...
Is this the end of wave 1 of the bull run? That is possible, and it fits all of the rules for the Elliot wave theory.
Wave 2 retraced 38.2% of Wave 1 and did not retrace more than Wave 1.
Wave 3 is 2.618% of wave 1, which is a standard extension target. Wave 3 is not the shortest wave.
Wave 4 is an expanded flat correction—retraced 38.% of Wave 3.
Wave 5 is...
$SPOT looks like there may be a continuation to my previous target.
Adjusted the chart based on today's and I'm targeting 100% fib extension for first exit, 1.618 as second target.
Will update the chart once we get to the 100%.