SUMMARY
As requested, here is an update on DOGE coin. As an Altcoin which takes corrections very slowly, DOGE is expected to be no exception. The below chart shows how many might think the red A could be the bottom of the correction. Likely not. The quickest mode might be the ABC. Even then, the wave is likely to morph into a more time hungry pig!
The below is DOGE/BTC. The corrective waves in the white box was quite elaborate with consecutive downward pointing symmetrical triangles. Many thought that the initial downwave was the correction itself...however, the time extension was not escaped. The blue box is likely to be not too different as shown by the free hand drawing of white line which is only an approximation and not a forecast.
Legal Disclaimer: 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.
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
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
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