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Waiting Game DOGEUSD: Bullish long term scenario
Hello traders and investors,
Is Doge ready for the next leg up? If so, let me thank who let the dodge out!
Today we are considering the idea of completing a 5 wave sequence (intermediate blue) to reach primary wave 3 (blue).
Assuming that Primary 1 was between May 2015 and Jan 2018; Primary 2 was until March 2020 low, the 1.618 Fibonacci extensions, suggested as the first target for a wave 3, would bring us in the region of $2.72.
Looking at the intersection with the pitchfork top boundary line, it looks as if we are going to wait until July/August 2023, so plenty of time to accumulate if you love this coin.
Let's see how this plays out.
Is Doge ready for the next leg up? If so, let me thank who let the dodge out!
Today we are considering the idea of completing a 5 wave sequence (intermediate blue) to reach primary wave 3 (blue).
Assuming that Primary 1 was between May 2015 and Jan 2018; Primary 2 was until March 2020 low, the 1.618 Fibonacci extensions, suggested as the first target for a wave 3, would bring us in the region of $2.72.
Looking at the intersection with the pitchfork top boundary line, it looks as if we are going to wait until July/August 2023, so plenty of time to accumulate if you love this coin.
Let's see how this plays out.
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