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1. Cryptocurrency dump exhaustion indicators
2. Doge price target analysis.
#doge⚡
#elliottwaves
$USDC
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A couple facts: 1. Trend based Fib extension points to 0.232 USD at Dogecoin. 2. If to measure the previous high 0.208 to the 0.13 low, the relation shows to 0.202, 0.2256, 0.357 USD levels That is about #doge⚡ As for Bitcoin, i recognize the structure there as Zigzag, which may finish unfolding at 96k. $BTC
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You know about backward correlation DXY, usdt.d, BTC.D, DJI & Gold. I focus on the single cryptocurrency but relaying on different leading indicators. 1. In the coming months DXY could reach 94-85%; On a smaller timeframe it could restore up to 106%. 2. Also watch the trendlines at usdt.d chart, i am waiting one more volatile dump, to finish the whole sequence unfolding since 2024 November. Dogecoin targets are still the same: 0.1285 to close short positions; 0.123 might be good to enter into LONG; 0.11666 might be good for futures; I consider the current formation at Dogecoin chart as the ending diagonal pattern. The terminal target for the pattern is 1.72 USD per single DOGE. That is why 0.81 and 1.22 should be good take profit points. Have a fat profit! #Elliottwave #Doge🚀🚀🚀
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Congratulations to those who have been watching the market moves together with me. The forecasting strategy worked just perfectly! It is 73% since i recognized the trend, from the top to the bottom + plus we had 2 more opportunities to reverse in the middle and trade it. Hope you are in fat profit. If the waves count correct, the downtrend that began in December 2024 is in terminal stage now. Once usdt.d above 6% i think IT IS TIME TO GET UP AND WATCH MARKET. If you are in SHORT, it is time to close position. You know my targets for BTC and Dogecoin. I've been pointing them out all along the way. It's time to reverse to LONG. The next swing at Bitcoin may reach 85 - 100k range. After that i am anticipating ~54k. #elliottwaves $DOGE
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1. We have a compound wedge figure at BTC dominance chart. This is an ending pattern. That is why my base scenario is test of upper trend line and a mini alt-season after this. The targets are marked by red marker on the chart. Please note there is a small probability BTC Dominance will set above the trend channel. This would mean that the chart will continue rise till the ~80%. But this is an alternative scenario, not my base case. 2. The odds DXY goes up higher than vice versa. #dominancebtc #altcoins
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1. if you in short position, 0.12885 USD might be good point for take profit, because there is the end of 4w micro degree of the previous impulse 2. 0.11666 might be good entry point for futures position. I think so due to compound structure of previous impulse: the ensuring corrections norm is the 4w bottom, if we had an extension - 4w of that extension. 3. A little more safe entry point might be 0.1035 USD per single Dogecoin because there the end of 4w of minor degree. But the norms says that the terminal point should be near 4w of the extension - 0,1156. #doge⚡ $DOGE
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