Hello traders, Dogecoin in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe.
According to the count, the main waves 1, 2 and 3 are formed and now we are inside wave 4.
Wave 4 is unexpectedly zigzagged and this zigzag has completed its a and b waves and is now inside the c wave.
According to the rules, wave c is formed in the form of five waves, and of these five waves, waves 1, 2, 3, and 4 are complete, and we are currently inside wave 5 of wave c.
Wave 5 has done its minimum motion but its normal motion has not formed which I think for normal pattern wave 5 will probably have more downward and will move in proportion to wave c to wave a to Fibonacci 1.00 (if the range 0.1325 is completely broken) .
If the canal is broken upwards, we consider this zigzag to be over.
We will compare this correction with our internal waves and do not currently consider the ratio of wave 4 to wave 3.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️
According to the count, the main waves 1, 2 and 3 are formed and now we are inside wave 4.
Wave 4 is unexpectedly zigzagged and this zigzag has completed its a and b waves and is now inside the c wave.
According to the rules, wave c is formed in the form of five waves, and of these five waves, waves 1, 2, 3, and 4 are complete, and we are currently inside wave 5 of wave c.
Wave 5 has done its minimum motion but its normal motion has not formed which I think for normal pattern wave 5 will probably have more downward and will move in proportion to wave c to wave a to Fibonacci 1.00 (if the range 0.1325 is completely broken) .
If the canal is broken upwards, we consider this zigzag to be over.
We will compare this correction with our internal waves and do not currently consider the ratio of wave 4 to wave 3.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️