meszaros

Dogecoin let's look behind the graph.

Long
BITTREX:DOGEUSD   Dogecoin / US Dollar
Dogecoin let's look behind the graph. On several occasions, Elon Musk has moved the markets with a Twitter message: typically, his announcements have so far had an impact on Tesla's share price rather than on other instruments. Now, on the other hand, he moved Dogecoint by about 20% when he wrote, "One word: Doge." The inventor even posted on his Twitter profile, "He was the CEO of Dogecoin."
Prior to the announcement, Musk criticized bitcoin , writing that "almost as much stupidity as cash." That’s why their cryptogurus linked the “Doge” listing to Dogecoin, not the funny yellow dog.
Shortly after the Dogecoin rally, the cryptocurrency of the cryptocurrency broke down: only yesterday, the fall was 8%.
Most recently, Elon Musk tweeted about Dogecoin in July when he exposed a meme on Twitter , suggesting that Dogecoin would sweep away the traditional financial system.
Elon Musk is often trolling on Twitter anyway, he probably has done it now and there is no real foundation on which to actually encourage cryptodeviso gurus to buy. Source: Portfolio
As can be seen in the technical picture. DOGEUSD builds a double ascending fractal structure. It can be seen that the initial ATR size (white square) of the second fractal wave structure is exactly twice the size of the first fractal ATR. This may mean that the resulting wave sequence in the second case may be double the first. Therefore, the current rise target price is 0.0066176
Trade closed: target reached

Comments

good analysis here's mine on doge
+1 Reply
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