As promised, on the previous idea, I've come with a new DOGE analysis.
It really seems that we are currently in wave 2 of Elliot waves and may do another run up for the wave 3.
A good buy opportunity is under the hourly cloud
MACD and Stoch RSI look good on higher timeframes and also GMMA looks to start squeezing.
The 3rd wave may be in one of the two zones which match key resistance support and resistance but also some fib zones.
It really seems that we are currently in wave 2 of Elliot waves and may do another run up for the wave 3.
A good buy opportunity is under the hourly cloud
MACD and Stoch RSI look good on higher timeframes and also GMMA looks to start squeezing.
The 3rd wave may be in one of the two zones which match key resistance support and resistance but also some fib zones.
Comment:
Targets also sent in Telegram
Trade active:
Daily MACD seems to get out from oversold ares
3d Stoch RSI seems to get out from oversold area.
This may try to spike through 3d cloud and after that it may retest it.
3d Stoch RSI seems to get out from oversold area.
This may try to spike through 3d cloud and after that it may retest it.
Comment:
Trade closed: stop reached:
This is a failed trade. It seems we're in an A-B-C retracement. Will look to sell right under the 4h cloud in case we have a small run up
