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Elliott wave analysis on DOGE: Lower the better for later gains

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April 02 2021

Hello traders,

As you know market moves in cycles and sentiment based on supply and demand . And when something is just too crowed then normally we see the opposite reaction. So I would not be surprised by more weakness on Doge as there are just a lot of market participants expecting much higher prices. It's an extreme so it's good to be aware that there can be lower pullback and maybe much better prices to be long later.




Breakout On DOGE Failed On April Fool's Day by ew-forecast on TradingView.com




 


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