dogecoin_chain

AVAX has a perfect book structure. Tonight, wave 2 reached its bottom, perfectly in line with the norms. According to mathematical statistics, wave 3 could reach ~2400 in January 2027. Wave 5 may end near 6800. What is the most difficult thing about investing? - Doing nothing. :) Have a fat profits!

Right now, is probably a good moment to open short positions. The price reached the level I was pointing to, just perfectly! It's incredible how accurately rules, norms and relationships are working. I am amazed every time when see in action the power of the principle. Hope you were in time to open short positions. My base scenario - I am anticipating Dogecoin at 0.118 - 0.085 USD now and well bounce after this. Be careful, we will have the reverse confirmations upon usdt.d consolidates above 5.20%. Consolidation below 5% will indicate a massive uptrend continuation. PS: one more important observation is - I had my doubts whether price could go out of trend, within 2 & 4 waves. Within this formation we see a strong test, but not a break (as of now). This shows that a simple forecasting tools are one of the most reliable.

Hope you all remember the support line at 67k, because i mentioned it the 2024 year. As for Dogecoin the bottom of the Diagonal figure at 0.085. I would not buy there ALL IN because still there is no confirmations whether it Ending or Leading Diagonal. PS: I apologize for the infrequent posting here. This is due to TraidingView content politics. I am not comfortable do this here that is why blogging more frequently on another social network. Wish you safe trading and fat profits!

The Top 5w value can be demined by reversed fib based ratio measure of third primary wave to the bottom of 4th. if to measure very precisely, it shows 134 thousands USD. #bitcoin

As for Dogecoin there are 2 scenarios: 1) We have a deal with Triangle on a minor degree. In this scenario price unable to go much further than 0.302 2) We have a deal with primary Diagonal, in this scenario price may reach 0.177 before first reaction. But after this reaction fall may continue and update the 2022 low slightly. #BTC #DOGE #USDT

In a barrier triangles waves B & D end at essentially the same level. There is probability E wave will exit. Exiting beyond trend boundaries is possible, but is not a strict rule. As you see on the chart the limit for the triangle correction is 0.305, if it exits, it may reverse at 0.36. When wave 5 follows a triangle, it is typically either a brief, rapid movements or an exceptionally long extension. According to projection by 1-subwave of the rally, the final actionary wave may reach 0,77 USD. Most likely, the 5th wave will cover at least the longest part of the triangle, which is the area of 0.53 #DOGECOIN

The average Dogecoin birthday has no impact on the asset price

Here is how price is growing at overheated bull market. +137% for 8 days

Here is my alternative waves count. Diagonal in this position is rare figure in both scenarios, a bear and a bull. The ratios are matching for labeling variants. In this situation an external indicators may help us to decide which side is right. A Diagonal is only five-wave structure in the direction of the main trend, within which wave 4 almost always moves into the price territory of wave one and within which all the waves are "threes" or can be labeled 5-3-5-3-5; A Diagonal appears occasionally in the wave 1 position of impulses and in the wave A position of Zigzags. An ending diagonal occurs primarily in the fifth wave position at times when the preceding move has gone "too far too fast". A very small percentage of diagonals appear in the C-wave position of A-B-C formations. In all cases, they are found at the termination points of larger patterns, indicating exhaustion of the larger movement. Ending diagonal often ends in a “throw-over,” i.e., a brief break of the trendline connecting the end points of waves one and three. Have a fat profit!

A couple weeks ago i have identified Diagonal at TOTAL chart 8d TF. Now i managed to recognize it on BTC. Diagonal structures are found at the termination points of larger patterns, indicating exhaustion of the larger movement. Ending diagonal often ends in a throw-over, ie, a brief break of the trendline connecting the end points of waves one and three. A rising ending diagonal is usually followed by a sharp decline retracing at least back to the level where it began and typically much further. A falling ending diagonal by the same token usually gives rise to an upward thrust. Fifth wave extensions, truncated fifths and ending diagonals all imply the same thing: dramatic reversal ahead.