1- Now Dogecoin is very cheap compared to other altcoins (Tron ...)! 2- Undoubtedly Bullish!
1- The head and shoulders pattern is not yet fully formed (Personally: I expect scenario No 2). 2- In my opinion, there are still 4 hours left to a possible sharp movement. 3- We have to see if we can get support at 56k. If it falls below 56k a Stop Loss is required. 4- If scenario No 3-----> all altcoins are expected to fall again.
If support -----> High and higher. Did you like the 29 Mar idea about Dogecoin?
Are you ready ????
Below 57000 $ it's possible to see (weak) resistance. In my opinion, The period of 26-25 March, showed the reliability of the different analysis!
Analysis 2014-2021 is added in the update.
22:50 Uk time. 1000$ jump was observed. 1000 $ jump in 1 minute! I marked the candle in the diagram. Check with a time interval of 1 minute!
We are at the beginning of wave 5 Look at CCI. * (While (4 hours candle) BTC is up to 52k $, this pattern is valid).
Based on Elliott Wave Theory, Wave 4 does not overlap with the price territory of wave 1, therefore, You can't buy again at this price! Bullish!