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RE: DOGE/BTC Coin: Five Consecutive Fractals!

in #doge6 years ago

Very interesting pattern ! I have some question to ask :

If one labels the first 3 as a wave 1 and 2, could the 4th be the wave 1 of one lesser degree (so the w1 of the w3) and the 5th be the w1 of two lesser degree of the first 3 ? In that case this coin could really go to the moon because the wave are really large (goes up and down from 25 to more than 100 sat) ? Does it make sense or is it better to just consider it as a correction and wait for an uptrend ?

I mean, if this is for time consumption, it also means that buyers, so potential holders, are there and just waiting for more money (so new investors) to come in (or in other word that some supports holds and some resistance are broken), this should happen if BTC, so the whole crypto world, becomes bullish again, am I right ?