DOGE Coin: Price is VERY Close to the Apex!
SUMMARY
DogeCoin (DOGE/USD) price is very proximal to the apex of the downward wedge pattern. Does this mean that a breakout will assure a new all time highs? No. However, a breakout is expected to provide a sizable % gain. As Altcoins have shown the tendency, even after a breakout, a lower low can be placed because such is the pull of the time extension for these corrections.
IF a breakout in the MACD occurs, it could potentially even move at an impulse as shown by the blue arrow line. Probability leans towards discounting the likelihood of a further decline in MACD vs an upside. The next 3-5 days should provide the resolution to direction.
Legal Disclaimer: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.
Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
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Tutorial on the use of Fibonacci & Elliott Waves
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nice sharing
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Dude! do you like STEEM coin long term or not as a HODL? I have seen several people ask you this with NO response EVER. @haejin
He is not your DUDE!
Why would you hold long term a coin that gets decimated by design about every two years?or havent you bothered reading the white paper?
Chance of an updated count on vxg/btc? I am seeing a AE wedge correction and another jump happening soon. Thanks Haejin!
I agree. I'd love to see another XVG update, especially if it came with some short term targets. On the last update I couldn't tell if the projected impulse on the chart given was supposed to represent actual targets or if it just represented some increase in price as a 5-wave impulse.
I didn't sell during the last two upward impulses because they fell short of my sell ladders and I'd love to capture some profits this time.
Hey @NED when are you gonna do something about this @Haejin asshole on #Steemit? Is this how you wanted Steemit to become? At least @Dan has some balls to flag this cock sucker. I bet other corporations look at this site & laugh. They probably think it's just going to become another MySpace.
How about some of you Witnesses? Why don't you fucking do something? I spend most of my day warning people about what this fucker does on here. While you guys collect big paychecks from running a god damn server. Some of you have helped. That is AWESOME. I do appreciate anyone that helped me too. But majority of you don't do fucking shit. I get paid NOTHING for working on trying to make STEEMIT better for EVERYONE all day long. You guys GET PAID GOOD MONEY!!! Fix the fucking PROBLEMS!!!
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Helpful analysis
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Powerful piece of information
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I don't believe in all these analysis when it comes to cryptocurrency, anything can happen, nice analysis all the same