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Now at Bitcoin acting sub-wave B of a minor degree. The B sub-waves are often exceed wave A top ~102K. Taking this into account, the Dogecoin may either bounce from the resistance, 0.327, or there will be a false exit to the area of 0.385.
The third scenario i have mentioned previously.
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If we have a deal with correction, C subway ought be equal to A sub-wave and may reach 0.43, this is - the terminal point; If the price goes higher, it will mean that we are dealing with a five-wave pattern that completes the whole rally structure. The terminal point for the five-wave scenario is the range between 0.53 and 0.81. Wish you safe trading and fat profits! $DOGE
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It will be either a fake exit or the final actionary wave of primary degree. The targets i have mentioned previously. In this video, some more explanations on USDT Elliot sub waves labeling at micro degree. #DOGEUSDT
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I see strong correlation between the stablecoins dominance and crypto. That's why I'm watching the USDT dominance movements very closely. Here is the waves labeling at micro degree. It shows that the fourth sub-wave could reach 4.1% in the short term, which is minus ~5% from the current point. This is another indicator that the false exit scenario is valid. Thus, the price of Dogecoin could reach at least the 0.385-0.42 range. #doge⚡
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Dogecoin's daily transaction volume on the blockchain has fallen below 10 billion, the first time since the rally. This may indicate that a breakout may not happen, and a high volatility event is around the corner. The absolute lowest value I observed was 4.8 billion, it was in the October. #DOGE
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The very precise measure Dollar Index shows that the terminal reverse point could reach the global trend line at 111. 1. RSI signaling that reverse already started at a smaller time frame. The chart usually behaves in a very disciplined manner - immediately reversing upon reaching terminal values. But this year i have seen how the crypto acted against DXY. 2. The Fib ratio and sub-waves structure at a minor degree hinting the 111 probability exists. The sub waves here are very compound and take time to develop, so my anticipation it will last whiting 2 months. #EconomicAlert
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