Right now, to make the long story short, watch $0.14 and $0.17. There is a chance of head and shoulders pattern building. Doge needs to hold the 14 cent support. At the same time, a break above 17 cents will increase the chance of wave 4 completion and wave 5 progression towards $0.30. From my last post I have readjusted the count to keep the minor degree impulse...
Dogecoin has seen a significant rally in recent trading sessions, with the price pushing upwards by 9.55% on the latest trading day, reflecting heightened market optimism. The volume has also seen an uptick, indicating strong buyer interest.
Dogecoin's price has recently surged, breaking above several key resistance levels. The formation of a bullish engulfing...
Dogecoin (DOGE) has been under pressure recently, but a technical indicator suggests it may have found short-term support. On a 4-hour timeframe , DOGE found potential support at $0.1423 . This could be a sign that buyers are stepping in and could indicate a potential bounce in the near future.
However, there's still resistance ahead for DOGE at $0.1532 . If...
Im so excited to run along that yellow chain fence up there…. And when it gets down closer to the green spring ground up there, Im gonna jump over it! Then the adventure really begins!
Go Doge Go!
Key Resistance Area:
DOGE/USDT has encountered a significant resistance area, coinciding with the formation of an XABCD harmonic pattern. This area is crucial as it aligns with the 4-hour trendline, indicating a strong barrier to further upward movement.
Bearish Expectations:
Given the confluence of resistance factors, we anticipate a bearish move from this...
Expecting Dogecoin to consolidate in the $0.14 - $0.11 price range on the weekly chart...
until we get 2 things which will most likely take place in the next 16 weeks between today & August 19
1) Stochastic RSI crosses UP on the weekly
2) 50 / 200 Week MA confirms a GOLDEN CROSS
Soon as those 2 happen...
Moon
Looking at the previous pattern, some time before the end of the year Crypto bull run should peak. But usually it ends in December or April
Just take it as information.
Happy trading.
DOGE reached its peak in wave 3 in May 2021 and likely hit the bottom of wave 4 in June 2022. However, due to the ongoing corrective downtrend, a reset in wave 4 might occur. The overall expectation is for an upcoming upward movement in wave 5. It is recommended to gradually enter positions at support levels and exit at resistance areas.
Hello,
This is the daily look at the daily candle on the coin we all love!
Now... here is a great example of a potential bullish fractal propagation.... the 2 white down arrows are projections of each other.
The white broad trace shows what this sort of expanding fractal propagation can do. exponential growth.
I also see some signature moves, and wave...
potential head and shoulders top on the daily. we'll keep an eye to see if this gets invalidated. if it is validated, the potential downside is $0.08 area
not trading advice
tg
Looks like we are coming down from the first phase of a grand elliott wave scheme. Only showing this chart here, object lesson applies to many but not all.
It seems that we have broken under a major diagonal support line.
50, 200 SMA is pointing down. We're currently under these SMAs.
Next major support is 0.1425 then 0.13
