DOGE IS AT VERY CRUCIAL STAGE,
$0.16-$0.20 MUST HOLD AND MAKE A STRONG BOUNCE
for now lets carefully watch this week ends
how doge will behave on demand zones,
doge need more utility use to attract more investor
and new traders that will push the price higher.
were still at wave 2
the accumulation phase.
we need to see 0.21+ to hold
for wave 2 so it wont invalidate
the counts this is also the Higher Low
which is the chart saying uptrend is
still intact as long as its making more
HH and HL.
more patience it seems
the money flow in crypto market
is still at the NFT and DEFI coins,
once those coins reach the target...
nothing too much we can say about doge,
since doge still at consolidation phase
soon it will break the $0.35+
for now lets observe how doge will
behave above $0.21 if doge manage to hold this
key levels then EW is right then were going
to break $0.35 on micro view.
but on our macro view doge can reach
$3 generously, $5 is possible but the question
is when? and...
This flash crash has been there for a long time,
from bitcoin to eth its always happen.
this is a buy opportunity
since the macro view is
for dogecoin expect 2weeks volatility
before it break the $0.44 levels.
my analysis is still the same from
what i post last time,
doge is making the new trend,
so more patience at this time
since doge is accumulating,
soon doge will break the $0.75-$1.0
after this number break the real money
will come to dogecoin, so the price can
for Elliot wave user, this is EW target price
long term to midterm
Wave 1 $0.75
alot of people messaging me were is doge going right now?
on our previous chartings doge is at disbelief area of market cycle,
were sure that doge will go up this september to test the $0.44 and $0.55
if this area breakout then expect doge to make all time high above $0.75.
we also see and calculated that doge has the biggest reward from major coins
ive seen alot of micro view in dogecoin were people area trying to
analyze the day trend and hourly trend if people still doing this
they gonna missed the whole trend.
on the chart were already done with the capitulation phase
and were already in disbelief area of basic market cycle,
what we want to look on dogecoin is this new support level of $0.30
and a flag...
doge 1st run has 65days consolidation
now doge at 100days consolidation
this time its longer but remember
the longer consolidation is a indicator
that the price will explode higher than
the first run, so if doge will consolidate more
then its good, so we can reach the ultimate target of
$3 to $7 euphoric price, but to reach those levels
we need the Doge Smart...
doge expecting to test 0.30
then take over the 0.44 resistance
after that will see how doge will
pullback or consolidate before making new highs,
for now im sure it will test the 0.44 resistance.
we need also the doge Smart Contracts and Doge Ethereum Bridge
so the price will push higher, if you notice Ada movements its because
of the new upgrades and upcoming...
on this chart we can tell
similarities if this retracement
will repeat then doge can
go beyond what we expect this year,
it could trigger this numbers
once doge eth bridge is done
and doge payment speed and low cost
and some upgrades too.
so lets see whats gonna happen,
but as of now we can see a good
On weekly chart we can see dogecoin was able
to make a newtrend after the big channel,
what we can expect on this new trend?
on technical analysis were sure that it will go
higher some of the issue here is the market cap
since doge is heavy the ideal market cap is around
$1trillion max as of now, unless elon and vitalik
has a better plan then we can go beyond...
AXS is giving a strong signals that
it will go on big drop this august,
More wicks candle
Volume going down
Monthly candle (stretch already)
Some of the main reason that axs is going down is because of liquidity
issue, once bitcoin goes to bull run then all liquidity or money
that was distributed in some nft games or...
this is our long term view on dogecoin,
If we can notice the channel is getting bigger it means
the reward is getting bigger from the previous
movements, we can see in the chart how the
price move from 0.0000 to 0.00 now,
if this pattern is correct then we can see doge to
reach $4-$5-$6-$7 max maybe and if we hit $6-$7
then the market cap is around $780B to...