Dogecoin has broken out of the triangle pattern in the four-hour chart.
(Chart courtesy of Tradingview.com)
In Elliott Wave terms, Dogecoin began a wave one advance on March 2. The wave one finished on April 3, and the wave two correction ended on April 9. The wave three advance finished on May 22, and the wave four correction ended on May 27. If this wave count is correct, Dogecoin should be heading next towards the May 22 peak in the wave five.
(Chart courtesy of Tradingview.com)
If you think this analysis is correct, upvote this post and upvote the comment "Dogecoin will takeout the May 22 peak".
If you think this analysis is wrong, upvote this post and upvote the comment "Dogecoin will drop below the April 9 low".
If you think Dogecoin is in a range, upvote this post and upvote the comment "Dogecoin will stay in a trading range between the April 9 low and the May 22 peak until July 20".
You can upvote the comment until 3 PM EST June 21 and you can upvote only one comment. 50% of SBD from this post will be distributed equally to the winners. The winners will be determined by the price action (which one happens first). Only participants with a Reputation of 35 or more will qualify in the contest.