Ending Diagonal Wave with Converging Lines
its looks like doge ABC weekly correction is done,
base on elliot wave were at the ending diagonal wave
if this materialize then wave 1 is going to hit soon.
on our counts dogecoin should reach $2 or near $2 this 2022,
the problem is theirs a strong hawkish feds rates that can change
the whole crypto currency directions, so were very cautions above
$1
for now lets just break $0.18-$0.20 then it means $0.35 is next,
i will update this chart or create another charts after $0.35 then
we will try to locate how far can doge go this time, for me as long
feds rates is under 1.50% then were still good.
base on historical data veterans knows that after invasion's of any country
theirs a strong bounce and also from historical 75yrs charts when feds is
rising s&p close the year end strong and thats we called parabolic moves,
for crypto as long bitcoin is going to wave 5 weekly at $100k - $125k+ then were
good before it goes to blown off.
i hope this charts helps you.
its looks like doge ABC weekly correction is done,
base on elliot wave were at the ending diagonal wave
if this materialize then wave 1 is going to hit soon.
on our counts dogecoin should reach $2 or near $2 this 2022,
the problem is theirs a strong hawkish feds rates that can change
the whole crypto currency directions, so were very cautions above
$1
for now lets just break $0.18-$0.20 then it means $0.35 is next,
i will update this chart or create another charts after $0.35 then
we will try to locate how far can doge go this time, for me as long
feds rates is under 1.50% then were still good.
base on historical data veterans knows that after invasion's of any country
theirs a strong bounce and also from historical 75yrs charts when feds is
rising s&p close the year end strong and thats we called parabolic moves,
for crypto as long bitcoin is going to wave 5 weekly at $100k - $125k+ then were
good before it goes to blown off.
i hope this charts helps you.
On ending diagonal, 1 should be 3 and 2 should be 4, i did slight wrong in numbering thank you.