Elliott Wave Modern Analysis: Major Bullish Trends Unveiled!

30 במאי

Hello traders! 📈✨ Today, we're diving into a comprehensive Elliott Wave Modern analysis on the DOGEUSD weekly chart (W1). With our two-window setup, we are comparing the current market behavior with a historical bullish trend from December 14, 2020, to May 3, 2021. Let's break it down:

Right Window Analysis:

• Period: December 14, 2020 - May 3, 2021
  
• Market Behavior: During this period, DOGEUSD exhibited a massive bullish trend forming an ABC flat pattern.
  
• Key Levels:Wave A: $0.4530, representing a 500% increase from a lower degree abc Zigzag (marked in grey).
  

Left Window Analysis:

• Current Status: The market is currently forming the early stages of a three-wave pattern (a:3 & b:3).
  
• Future Projection:
  

- If history repeats, we might see wave c:5 with a potential 500% increase, targeting $0.7992 from the height of a:3.
- Current Price: $0.1650
- Target: Watch for the first major peak around $0.7992!

🚨 Get ready for a potential bullish surge in DOGEUSD! 🚨 With these insights, we could be on the brink of another significant move. Stay tuned and trade wisely! 🚀💸

🔗 Follow for more updates and detailed analyses! 📊📌

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