DopeCoin (Bittrex: DOPEBTC) has broken out of the triangle pattern in the weekly chart.
(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, DopeCoin began a wave one advance in August 2015. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in December 2017, and the red wave two (blue sub-waves a-b-c) correction ended in November this year. If this wave count is correct, DopeCoin should be heading next towards the December 2017 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
DopeCoin is a coin for marijuana enthusiasts. Bitcoin Dragonz reviewed the cannabis coins earlier this year.
(Sources: https://dopecoin.com/ and YouTube)
If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) "DopeCoin will takeout the August peak".
If you think this analysis is wrong, upvote this post (min $0.01) and upvote the comment (min $0.01) "DopeCoin will drop below the November low".
If you think DopeCoin is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "DopeCoin will stay in a trading range between the November low and the August peak until February 2, 2019".
(Chart courtesy of Tradingview.com (log scale))
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