Dogecoin (HitBTC: DOGEUSD) has broken out of the triangle pattern in the daily chart.
(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, DOGE began a red wave one advance on March 13. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on July 8, and the red wave two (blue sub-waves a-b-c) correction ended on September 24. If this wave count is correct, DOGE should be heading next towards the July 8 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Zooming out in the monthly chart, I believe DOGE is currently in the red wave three (blue sub-wave iii). The red wave three began on March 13.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Dogecoin is an open source peer-to-peer cryptocurrency. VoskCoin explained the latest pump in July.
(Sources: https://dogecoin.com/)How Will Dogecoin Trade?
Dogecoin (HitBTC: DOGEUSD) daily chart by Tradingview.
(Chart courtesy of Tradingview.com (log scale))
Prizes
I will be giving upvotes to the correct answers with minimum reputation of 25.
Rules
This poll will expire in one week. Only one vote per person.
Which one will happen first?
Please select one of the three choices and comment below.
DOGE will takeout the July 8 peak
DOGE will drop below the July 5 low
DOGE will stay in a trading range between the July 5 low and the July 8 peak until November 10
