Hello traders. Welcome to a new blog post where we discuss past and recent trades from the blue box. In this one, the spotlight will be on the DOGEUSD cryptocurrency pair.
The crypto market has been in a bearish cycle since Q4 2025 and is likely to extend further. Doge initiated wave (III) of its all-time cycle in June 2022. It completed a 5-wave sequence between June 2022 and December 2024, reaching its all-time peak. At that peak, the cryptocurrency finished wave I of (III) and began a long-term bearish cycle for wave II. From the all-time high, the price declined in 3 waves to complete wave ((W)) of II in March 2025. Subsequently, a corrective bounce occurred, reaching the September 2025 high where wave ((X)) of II concluded. Therefore, the sell-off from the September 2025 high marked wave ((Y)) of II, which is still trending lower. In this process, the April 2025 low was breached. Since then, we have been recommending selling bounces on shorter cycles.
DOGEUSD (Doge) Elliott Wave Trade Setup – 13th February, 2026
In the shorter cycle, a corrective bounce began on February 6, 2026. We had already prepared members to short the asset from our proprietary blue box. Following the completion of the first two waves, the third wave started on February 11, 2026. We shared the chart below with members on February 13, 2026.
The chart above displays a 3-swing bounce, with the blue box selling zone identified between 0.1099 and 0.1236. From this zone, we recommended members short the cryptocurrency pair.
DOGEUSD (Doge) Elliott Wave Trade Setup – 18th February, 2026
On February 18th, we shared the chart above with members. The chart showed the blue box being hit, triggering short orders with a stop-loss slightly above the zone. A few days later, Doge started to fall sharply. The decline hit the first target at 0.1028, where members booked partial profits. Afterwards, members adjusted their stop-loss on the remaining order to ensure a risk-free trade, even if a corrective bounce extends higher. This trade in progress highlights how we trade across 7 instruments in all timeframes for all types of traders.
Source: https://elliottwave-forecast.com/bluebox-wins/doge-extends-bearish-cycle-from-blue-box/