Focusing on a breakout from Wave A to B leg (short zone i'm monitoring).. You'll see we've arrived at an apex w/ upward buying pressure to test B leg, which will act as resistances (see Wave 2).. I then see further decline to around $0.05-$0.04 cents which will act as the next leg of possible support. However, doge still follows Bitcoin ..
short term long, followed by short term bearish sentiment... I see this playing out over the next 6 months to 1 year
short term long, followed by short term bearish sentiment... I see this playing out over the next 6 months to 1 year
Note
If you switch to the 4hr time frame, you can see the breakout unfolding.. Notice how the key moving avg's (in this case 3/9/18) are all approaching or have already crossed pass resistances within the triangle. run your own fib lines on the 4hr chart or pivot points and you'll see.Note
running a simple gan box on the 4hr, and we're at the 50% fib retrace levelNote
wave 4 matches up perfectly with the .618 fib level on dode daily chart 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.