DOGE About to Moon? Yes, But Watch for One Last dump!
Since 2013, 
DOGE has been following a massive long-term ascending channel.
Every major pump and dump has played out within this channel.
Right now,
DOGEUSDT is forming a similar pattern to the one before its last bull run.
In both cases, you can draw a downtrend line from the previous cycle’s peak.
Before the real breakout (purple arrow), there was always a failed breakout attempt (light blue arrow) followed by a sharp correction.
💥 Last cycle’s correction: -61%
💥 This cycle’s correction so far: -64%
After the first correction, DOGE broke the downtrend line (purple arrow) but then had another 56% pullback, retesting the lower boundary of the descending channel.
If DOGE follows this same script, we’ve already seen a 57% drop as of 2/3.
But is the correction over? Not sure yet.
If there’s one last dip before the real pump, it could drop to the lower boundary of the descending channel.
Based on past support/resistance levels, the buy zone could be between $0.215 - $0.151.
Then comes the dawn after the coldest night—
The party will start suddenly, so hold on tight.
🔴 [Follow me] for more future script "guesses" like this!
🔥 I've dropped another 2 analyses for the 2025 altseason on the right hand side if you're using computer, and scroll down a bit to see the link if you're using mobile.
DOGE has been following a massive long-term ascending channel.Every major pump and dump has played out within this channel.
Right now,
DOGEUSDT is forming a similar pattern to the one before its last bull run.In both cases, you can draw a downtrend line from the previous cycle’s peak.
Before the real breakout (purple arrow), there was always a failed breakout attempt (light blue arrow) followed by a sharp correction.
💥 Last cycle’s correction: -61%
💥 This cycle’s correction so far: -64%
After the first correction, DOGE broke the downtrend line (purple arrow) but then had another 56% pullback, retesting the lower boundary of the descending channel.
If DOGE follows this same script, we’ve already seen a 57% drop as of 2/3.
But is the correction over? Not sure yet.
If there’s one last dip before the real pump, it could drop to the lower boundary of the descending channel.
Based on past support/resistance levels, the buy zone could be between $0.215 - $0.151.
Then comes the dawn after the coldest night—
The party will start suddenly, so hold on tight.
🔴 [Follow me] for more future script "guesses" like this!
🔥 I've dropped another 2 analyses for the 2025 altseason on the right hand side if you're using computer, and scroll down a bit to see the link if you're using mobile.
Note
Another Analysis for DOGE, I "guessed" 2 short-term target prices for it. (Click the chart below)
🔴 Get 20% Off Every Spot Trading Fee on Bitge: lihi2.com/5tNHE
[Follow me] to see my 'guesses' on future scripts of various cryptos.
[Follow me] to see my 'guesses' on future scripts of various cryptos.
Related publications
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.
🔴 Get 20% Off Every Spot Trading Fee on Bitge: lihi2.com/5tNHE
[Follow me] to see my 'guesses' on future scripts of various cryptos.
[Follow me] to see my 'guesses' on future scripts of various cryptos.
Related publications
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.