
John-Burr
@t_John-Burr
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John-Burr

This is less a technical analysis; more about the market and politics. It's eerie how DOGE is repeating its historical pattern. If you know, you know. We–you and me–have been anticipating this pattern for years. With the Department of Government Efficiency coinciding at this specific bull phase, it is so hard not buying into conspiracy ideas about invisible hands controlling the crypto market. That said, there seems to be some temporal proximity to the Inauguration Day and the next bullish movement. So I make this crazy prediction that we will see $3 by the Inauguration Day.And I could be wrong. But I am okay with that because I believe that this is the beginning of the bull run. I don't care about the specific timing. We are months away from the new top. I can wait.I have seen some estimates by so-called "gurus" putting $40 target by next year. The more skeptical folks won't predict anywhere above $3 for fixation on the market cap argument. That market cap argument seems like a popular one because we have been hearing that every bull cycle. But that's their loss.Can we get to $20? I don't know, tbh. The market is bigger than me, no matter the size of my portfolio, brain, or pedigree. Nevertheless, I bet my money on what I believe is the historical pattern. I hope it works out for other people as well. Let's see where this goes.

John-Burr

My target this time around is $9,500.Good luck everyone :)

John-Burr

I don't mean to curse y'all bulls. I still think we are nearing a short-term bearish move. Then we hit rocket. I'm not getting shaken off the tree!Okay folks, it's been over a week now. We have fallen below $ .90 mark at some point, which means the short-term bearish move seems to be likely. The last time this happened, the bearish swing (blue lines following Elliot patterns) lasted about 3 months. So if the current cycle follows previous cycle's pattern, I am anticipating the meteoric bull wave to begin towards the END of FEBRUARY 2024.Okay, today Dogecoin dropped again from 9 cent to 0.0822. DONT FREAK OUT :) This is a short-term bearish move. It will keep making uncomfortable moves. About two months of this, we will be gearing for a joy ride for the rest of the year. THIS IS NOT A FINANCIAL ADVISE. I'M A FROG. YOU SHOULD NEVER TAKE FINANCIAL ADVISE FROM ONLINE FROGS.Dogecoin dropped further in the 7 cent ranges. We have anticipated this. I am HODL'ing.About two weeks have passed. I still anticipate generally sideways action until END of FEBRUARY 2024.Here is my bi-weekly update: nothing. I'm still waiting for February to pass.Here is biweekly update: nothing.It is END of FEBRUARY. This is going to start rocking very soon :) that pump to 11 cent was the antecedent of the bull run.Biweekly update. I am enjoying every moment of this ☺️😊🥰There is no such thing as "entry zone." It's time to buy now 😆😅😆😅🤣😂 I am a frog. I have background in snatching flies with tongue snare. So this possibly cannot be a financial advice by a whale.Biweekly update. Nothing. I am going to come back in May. Happy holding!!! See you then 😊I am relaxing :) It's summer.

John-Burr

We have finished the second Elliot pattern (purple). We have also broke out from downtrend (orange line).But the chart pattern suggests that there is one pendulum swing (short-term bearish indication) before we shoot a massive rocket.I'm a noob whose profile picture is a frog. You should not listen to a frog for financial advise.

John-Burr

I'm a novice trader. I like to invest long-term and do short trades sometimes. I have been holding Dogecoin since 2017. It's fair to say that it has treated me well. Back then, there were many talks about doge "crashing," and crashed it did. But I have been sitting on the greens since 2018. And now, I am awaiting the bullish wave again.With Dogecoin, I like to zoom out and look at the yearly chart at one-week intervals. When I have a conversation about securities with my buddies, the conversation typically involves action-forcing events that trigger pumps and dumps. All of this is noise because we are talking about what happens on a daily interval. When I zoom out, none of the bear arguments matter, valid or not.The chart shows that between 2017 and 2018, Dogecoin saw a meteoric rise from $ 0.0002 to $ 0.02. Now I have seen A LOT of bears fear-mongering that Dogecoin will go back to 1 cent. I disagree. I do not see Dogecoin returning to 2018 levels, which has yet to be visited when we tested the low levels at $ 0.05-0.06, many times, for years.The years 2018 and 2019 share a lot of similarities. First, Similar to the 2018 rise, Dogecoin hit $0.7019 in 2021. And look at the similarities in the graph. It pushes, then pulls back, then pushes to the all-time highs. This is characteristically Dogecoin. Second, both meteoric rises travel down in the M-pattern. After the M-pattern downward trajectory, it "pops" once and then falls (Red dipping line). At the end of each dipping line, Dogecoin undergoes a W-pattern. Now, the part that perplexes me is whether we have experienced "THE DIP." If you look at Arrow A, the Dip follows the W pattern. I can't tell if we have experienced that Dip recently or if there is a big Dip coming soon. Whichever the case, I see the next bullish wave coming. And I am not going to get shaken out if the Dip does come.See you at $9. Then to $20.I am now comfortable to say that "THE DIP" has passed. I expect generally sideway action until December 2023. Then I expect the bull run to last throughout the year until December of 2024.I maintain that I expect generally sideways action until December. There might be a spike in the teens (low- to mid- 10 cents). But I expect the spike to die off quick. Then generally sideways action again. And then we fly to the moon in 2024.Okay. Now we hit that 10 cents mark. I expect this to go back down, cool down a bit, then we rocket 🚀Now we have entered the "cooling" off period I was talking about. I expect this to last over a month. Alternatively, if we shoot up now, then I need to redraw my chart. In which case, my prediction will drop down to $10 max.
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