Dogecoin - Facts & targets analysis

9 thg 4

We see following facts:

1) Facts for go down:

• The probability that we will go down is higher than vice-versa. You can see this on 2W time frame;
  
• According to Elliot waves principle the Triangle appears in the wave 4 position, more frequently than vice-versa. Moreover the target of this triangle formation is already reached;
  
• DXY is rising, there are prerequisites for continuation of this movement;
  

2) Facts indicating go up probability:

Every time when Dogecoin SMA 280 & 938 crossed each other we have seen pump! The first pump was in 2016 Aug +9000%. The second pump was in 2020 Nov +27000%.

In case of confirmation of the crossing we could expect growth comparable to the first pump. In case of go down the bottom is around 0.008;


I personally do not care which scenario will work out, because ready for both scenarios, by managing orders volume & risk/profit ratio.

Hope you too. Good luck everybody and have massive profit.