BucketStocks

DOGE - $0.07 Target - Plus Fib Predictions

Largo
BucketStocks Actualizado   
BINANCE:DOGEUSD   Dogecoin
There are 3 separate Wave 1 & 2's
Chart and Fib extensions are in Log Scale.

Intermediate (White) Wave 3 Targets are:
- 3.618 = $0.12
- 2.618 = $0.09 - $0.10
- 1.618 = $0.07

Minor (Yellow) Wave 3 Targets are:
- 3.618 = $0.14
- 2.618 = $0.09
- 1.618 = $0.057
Now because the intermediate 1.618 is greater than this price, I'm looking for 2.618 and 3.618.

Primary (Light Red) Wave 3 Targets are :
- 3.618 = $0.31
- 2.618 = $0.232
- 1.618 = $0.15

Added a price channel which should act as support and resistance.
Validated by multiple touches.
Keep in mind that a large rally can break through the channel.
Fib predictions aren't scaled to time, they are scaled to price. So it may happen a lot faster and the X axis may be more to the left.
Support at $0.035

Not Financial Advice. Please invest only what you can afford to lose. Limit Risk using stop losses below support levels
Comentarios:
There is an inverse Head & Shoulders and $0.035 is the neck line. It was already backtested.
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