Something interesting may be on the horizon for #DOGE.
With the upcoming change in trend within #Bitcoin, we also seem to see more positive movements at $DOGE.
It is currently on the verge of breaking out. In the event of an outbreak, we may see a retest and then we could possibly assign the ATH to a test.
For me,
DOGE has a lot of potential and I have a number of scenarios that I am currently considering.
In the past
DOGE has gone into a kind of prerun x4 from the previous run and correction that has now also repeated itself. This means that with this run we can achieve a target of perhaps $1.5.
But before we do that and have certainty, we first have to break through a number of strong mental points.
Fib extend 1,618 at 70 cents exactly at the old ATH, fib extend around 1 dollar, which also counts as a magical limit, also seems like a difficult parkour to me. If that breaks, I expect a target of around 1.5 before we see a major correction.
If this happens, there is a chance that we could see completely different amounts in April. More about this later. For now I mainly want to see what we will do with the upcoming run.
Be kind to the world and each other
With the upcoming change in trend within #Bitcoin, we also seem to see more positive movements at $DOGE.
It is currently on the verge of breaking out. In the event of an outbreak, we may see a retest and then we could possibly assign the ATH to a test.
For me,
In the past
But before we do that and have certainty, we first have to break through a number of strong mental points.
Fib extend 1,618 at 70 cents exactly at the old ATH, fib extend around 1 dollar, which also counts as a magical limit, also seems like a difficult parkour to me. If that breaks, I expect a target of around 1.5 before we see a major correction.
If this happens, there is a chance that we could see completely different amounts in April. More about this later. For now I mainly want to see what we will do with the upcoming run.
Be kind to the world and each other
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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.