Doge Howling at the Moon
Every cycle Doge wakes up & has a run past it's last high. With Bitcoin crossing it's last all time high & the market heating up it's due time for a nice run on Doge. This is confirmed by Doge breaking out of it's consolidation range & the Ichimoku cloud crossing & turning green. You may be wondering ok but where do we cash out? This is where the fib extension can lend a hand, applying it from the last high to the last low we can see the important levels. Nothing is guaranteed so it's important to see how price reacts to each level. Special attention should be given to the 0.5 and 0.6 extensions, if these areas don't cause price to reject back lower we should see price go back to test all time highs. Personally I'm looking at the $1 range to start de-risking and start cashing out.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.