I think The fifth wave is ready to move... We have to wait and see... I will update after 70 cents!!
doge in short time will hit 1.5 but I suggest to wait for the next two or three years.
This chart shows 5th wave of Elliot and next goal is determined by yellow line .
Due to the formation of the ascending flag pattern, there is a very high probability to breakout from top and reaching the specified goal.
If DOG losing 0.16 the next support is 0.14 and 0.13. but if he don't, so next target should be 0.24, but please consider that we can see a negative divergence in RSI, so there is a high risk for losing 0.16 support.
Dogecoin seems at restricted area and ready to start a new trend ..
Hey Guys, Super excited that Doge is on the go again! I found this pink pattern fits really nicely with the recent movements. Had to stretch it out quite a bit.. excited to see how it plays out here! I am also pleased that we started a run before pulling back, like the yellow trace suggested. No guarantees that this will continue along these projections, but...
Well... that went as planned! The candle broke through all 3 resistance along with pushing through its major resistance. We should be expecting higher highs. If this chart helped please leave a like and a follow :)
In case it come backs to the support line, we might see some growth. Not sure that Zcash is going to follow the trend, in reality im more bearish on zcash than Dogcoin... IN addition Dogcoin market capitalization is even bigger according to coinmarketcap...