The book says: Every mania is followed by a decline that ends at the starting point of the advance.
Dogecoin Elliott Wave Analysis
DOGEUSD can be still pointing to projected 0.10 – 0.05 support zone, ideally within an ending diagonal pattern for wave »c«, where final subwave (v) can be still missing. So, after current intraday corrective rally in wave (iv), watch out for another sell-off, maybe even a spike down before a bullish reversal.
Shiba Inu. Elliott Wave Analysis
The book says: Every mania is followed by a decline that ends at the starting point of the advance. As you can see, after a mania cycle, SHIBUSD can be still looking for wave (C) sell-off that can send the price back down to 0.000010 – 0.000005 support zone and beginning of mania cycle, ideally once current sideways running triangle pattern in (B) fully unfolds.
Gregor is based in Slovenia and has been involved in markets since 2003. He is the owner of Ew-Forecast, but before that, he was working for Capital Forex Group and TheLFB.com.
