Possibly ending diagonal at 1 minute time frame DXY. Why this is important? Because we have the same pattern at Dogecoin 1w time frame. This is an opportunity & occasion to watch and understand how the formation behaves in real time and what could be anticipated.
2025-04-28 22:30 CET
As for my target, they are the same i forecasted 2024 November.
Many ratios and norms indicate that 0.1185 USD could be the bottom of the current formation on Dogecoin.
Just remember it to you one more time, for free. And wish you a fat profit! 😎🤑
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
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.
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.
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.
In December 2024 i forecasted dollar index at ~112 in the Aprile 2025. The odds it may goes up, for the second test is higher than vice versa. You know backward correlation on cryptocurrency market
1. All of next week will be down, I think. 2. I was pointing to BTC 73400, then 90k, then 53k. But a more aggressive scenario could take place - 53k next week.
That doesn't really matter. What is really matters is that: - my base scenario I've been talking about since Feb 3 is triggered.
- crossing the red line on the chart is an early indicator of the end of the bull market. Thus, there are 2 final sub-waves to the end. Thus, it is simply an early indicator of a bear market.
See the values where the end of this decline is marked on the chart
Here is an alternative look on the market situation.
This part at usdt.d may indicate indirectly that we are dealing with a hidden subwave. Although this part is shortened here, the hidden subwave can be somewhere one degree higher.
Take a look at BTC, for example. This part may be a prove that we have an extended 3d wave.
Which could indicate indirectly that the stretching of the bull market.
I am going devote more time to analyze the waves count and find evidence.
bitcoin dominance is not going to cool down. I think it will test upper trend line at 65.3%. The previous test was 2025 2 February, which was accompanied by 10+ Bn liquidations.
1) When the chart will consolidate above 5.71%, i.e. above the sloping downtrend line, this would be an early indicator of the starting bear market, because this line is global for the current, yet bull market.
2) The chart more likely will reach 6.58% because it coincides with 4 sub wave FIB retracement ratio.
The fourth sub wave coincides with the bottom trend line. USDt.D is leading indicator for the whole cryptocurrency market, that is why i think altseason might be shallow.
In the Aprile 2025 Dogecoin is likely to reach at least 0.11853 USD, I think so because:
1) 1.618 Fib at doge chart refers to the current false breakout as part of wave 4 2) We have trendline there. I recognize it as diagonal pattern 3) We had a massive horizontal trading volume level there at 2024
Due to the Diagonal pattern, I see probability that Dogecoin may reach 1.7 USD in this cycle but i think it is max and the odds are low.
Risk management technique is the most reliable thing. Without it, any brilliant analysis is nothing. It is proved.
My base scenario is still the same, as i forecasted 28 of Feb.
Dogecoin is likely to reach 0.11853 USD, I think so because:
1) 1.618 Fib refers to the current false breakout as part of wave 4
2) We have trendline there. I recognize it as diagonal pattern
3) We had a massive horizontal trading volume level there at 2024
Also, i see a diagonal pattern at 5m usdt.d, a similar pattern we have in Dogecoin primary degree. Thus, we have the opportunity to observe how this formation works in action on micro-degree.
Right now, is probably a good moment to open short positions.
The price reached the level I was pointing to, just perfectly!
It's incredible how accurately rules, norms and relationships are working. I am amazed every time when see in action the power of the principle.
My base scenario - I am anticipating Dogecoin at 0.118 - 0.085 USD now and well bounce after this. Be careful, we will have the reverse confirmations upon usdt.d consolidates above 5.20%.
Consolidation below 5% will indicate a massive uptrend continuation.
PS: one more important observation is - I had my doubts whether price could go out of trend, within 2 & 4 waves. Within this formation we see a strong test, but not a break (as of now). This shows that a simple forecasting tools are one of the most reliable.
The second look at Litecoin shows that it seems to be one of the most undervalued assets on the cryptocurrency market. I see a figure resembles global triangle. The target of such figures is the widest part of the triangle. Take a look for yourself. I am going to devote more time to investigate it
Fact 1: We expected a slight dip this week, and it happened.
Fact 2: The capitalization of usdt.d has updated the 5.25% low. This increases the odds that many altcoins will show a small pullback the next week.
Be careful! Or better yet, be out of the market. High volatility is anticipating. Here is the probable path at usdt.d which is leading indicator for the whole cryptocurrency market.