DOGE Elliot and FIB based **Optomistic Idea**
We are nearly done with the final downward wave which may take us to the resistance at 55. If it goes there, it is likely to be very brief and accordingly a good buying point would be anything between 60 and 55 for a good entry.
First medium term target:
(Elliot wave 3, which is typically the largest surge)
FIrst Target around 200 to 240. (Once it passes 140, keep a close eye in order to not get stuck at that level)
Second Target as high as 300, but remember there would be a correction between first and second target, would be important to trade carefully in this regard.
This is just an idea and thus far I have been often wrong with all the BTC instability ... That being said, all this can go pear shaped depending on what BTC does, and how quickly it does so.
since Futures entered, there are certainly strange things happening, the market and movement slowed down radically and this slow bleed is not helping the ALT season potential proceeds.
Trade safe guys.
NS: For the smart chaps out there, please if you can add to this, or point out if I am missing the boat totally, please do so, any learning potential would be greatly appreciated.
First medium term target:
(Elliot wave 3, which is typically the largest surge)
FIrst Target around 200 to 240. (Once it passes 140, keep a close eye in order to not get stuck at that level)
Second Target as high as 300, but remember there would be a correction between first and second target, would be important to trade carefully in this regard.
This is just an idea and thus far I have been often wrong with all the BTC instability ... That being said, all this can go pear shaped depending on what BTC does, and how quickly it does so.
since Futures entered, there are certainly strange things happening, the market and movement slowed down radically and this slow bleed is not helping the ALT season potential proceeds.
Trade safe guys.
NS: For the smart chaps out there, please if you can add to this, or point out if I am missing the boat totally, please do so, any learning potential would be greatly appreciated.
