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SUMMARY
The Cup & Handle pattern for DOGE coin is something all readers/followers should now be very familiar with. This pattern is often the slowest to complete and confirm but once done, it can sustain a very long rally. I've mapped out the Elliott Wave price pathway towards $0.0083...or HIGHER!
Here is the weirdest chart I've ever seen! Look at all those bullish, downward pointing symmetrical triangle fractals!!! The only explanation I can see is that instead of making a one large downward pointing symmetrical triangle, Doge/BTC decided to break them up into little pieces. I call it the stratification of sentiment and that's beling reflected in this manner! The bottome line? VERY bullish!!
Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
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Legal Mumbo Jumbo: 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.**
So would it reach the target price in 2019 or I am reading the chart wrong?
You're seeing it correctly. If you notice, all the huge spikes are nearly a year apart. I expect the spike much sooner than 2019.....like REALLY soon, but it's definitely a trade coin for me when that spike hits, not a holder.
Agreed spike coin tradeable
Wow, i wish I had some Doge Coins with me... Thanks for the update @haejin
Stratificated sentiment explains it well :)
Interesting... I have almost considered this a dead coin.
I am selling my Steem/SBD to LTC/DOGE 👍😊
Doge is a clone of light coin and it can be mined alongside it.
More lightcoin hash rate equates to more dogecoin hash rate.
It is actually faster than lightcoin!
2 doge was my transaction fee! not even 1 c .
If you are looking for value without the risk Doge is your bet.
Need doge.
what is more likely?1bitcoin reaching million USD or 3,000,000 doge equaling .33c?
Buy, Buy, BUY
Hi Haejin what do you think of numeraire? Its a crypto hedge fund run on AI and data science. Its showing a very beautiful cup and handle. I made an attempt at a long term analysis using the following log chart.
If this is heavy on alt coins then it'll probably track the overall trend
any update on eth anlaysis. Thank you
this is actually a favorite coin of mine. The way it sleeps after a rude awakening.
From what I can see on http://www.blocktivity.info/ Doge is better scaled and has far lower fees than Bitcoin. People should just drop their BTC for Doge.
Potential percentage gains are huge....it's notoriously slow in price movement...but it looks like it's ready for launch about now!
I’m getting in on the DOGEBTC trade.
I have been investigating Doge/BTC for a long time each time It has increased i have shorted.
May be this time scenario will be different thank you for your great analysis.
@haejin thanks for sharing another informative and educative content about bitcoin .♡♡♡♡your content and always follow you and have learned more and more from your content.I am waiting for your next content.carry on my dear friend @haejin
I wish you MASSIVE profits!
Thanks my dear friend @haejin
Haejin, any chance of hearing your thoughts on this one further out? The TA on this one is way above my head..
Good...Fan of your Analysis @haejin
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I'm in waiting for the big moove
I am very hopeful with my dogecoins. I am keeping them and planning to get more. I am happy to have come across your post.
Not invested in this one but great analysis.
Thanks for all your blog posts! Really helpful :)
I was wondering if you're still bullish on SIAcoin? Looks like a second tiny cup and handle is forming. Price prediction still at 0.035?
Previous analysis is still valid yes.
in the usd graph next possible move is 1-2.... in btc graph next possible move is 0-1... both can not happen at the same time probably .... in that case a dip in the btc graph will be required which will create a 1-2 in usd graph... isnt it ?
We think that may be the case in the next BTC correction, alts continue to rise....which is unusual but is likely to happen sooner than later.
Scarlet appreciate your imput, one area that puts my thinking cap on is the option to sell or hold in certain coins. I have my holds BTC, BTS, XVG as main and certain ones to trade, however ones like this one get me, as I only bought so many- so I might profit $500. Small amount of money really, so am I better of waiting for next uptake in price, which you think could be 12 months? or take my $500 now/soon and buy lets say BTS..I am not expecting anyone to tell me when to sell I will still make that call, however keen for opinions/thoughts :)
Hi. Just joined so i can upvote and follow you haejin. Can you do an update on dogebtc? Thx in advance
What is more likely 1BTC going to 1million or 3,000,000 doge going to .33C?
I'm leaning towards Doge making it to 33c.
Buy and Hodl
Maybe not this year but for the next.
Fyi 2018 is for real the Chinese Year of the DOGE.
Never give PUP!
Benefits of Doge Coin: 1. Confirms very quickly at most crypto exchanges. ie. at Cryptopia Doge coin confirms in six blocks - this tells me that they don't have a lot of trouble with this coin and trust it as a means of exchange. 2. Doge coin is even used as a pair basis on several exchanges (ie. Cryptopia and others) This gives the coin added value in the mind of a trader. Just my thoughts. Good job Haejin! Another win - massive profits. More to come with this one...
@Haejin Would you be able to do an update on $DOGE coin? I believe we are gearing up for another break out after we complete the regular flat correction if you have time. I really appreciate everything that you do for the cryptocurrency community. Thank you @Haejin!
The chart got even weirder right now.
0,0155$ today, nearly the twice of your forecast!! :D
this proves you're god.
Free Dogecoins + DogeMiners + Dogecoin Investment Plans 2018
https://steemit.com/dogecoin/@leonyaniazi/free-dogecoins-dogeminers-dogecoin-investment-plans-2018