Dogecoin! Back to the past

Updated

Hello traders, today a short excerpt from the whole story, the current enthusiasm is needed to simulate future prices, so I would like to warn all current and future happy owners of Dogecoin, but you must realize that the price must return to the beginning with a small positive difference. So the next months will see a continuation of falling prices, and I have marked the visible reason for my observations on the chart above. I expect that before starting a new race, the price will wet the water :)

Greetings and I invite you to observe

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People, but we must bear in mind that this gap is a continuation gap and does not have to be filled, with this assumption the price may reach 0.26-0.38 at the end of the year. Let's keep our fingers crossed and I invite you to follow

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Hello traders, we are still in the unknown. It is clearly visible that the whales are in action, it may vary, so the opening of wallets still seems real. I expect a price of 0.08 in the next 2 days, a price of 0.13 is realistic in the next month.
Regards

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Traders, the price of 0.0871 is still an obstacle from May 2022, I am curious how Doegecoin will fare this time.

The DOGE price could drop 60% by the end of this year!

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Hello traders, I would like to share my observations with you on the above chart. The maximum price for 2023 does not seem to exceed $0.13. At the beginning, however, the price must stay above 0.078 and then reach 0.082-0.087 to be sure.

Given the current steep approach on the 4-hour chart, it may suggest a burnout of USD 0.078-0.08.
I recommend peace and quiet.
The main chart can still take place.
Regards

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The rebound should occur at the level of 0.0645

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Hello traders, here's a quick update.
It seems that the price will not break USD 0.08 during this time, RSI is at its maximum point on the 3-day chart. We still have some space on the weekly chart, which may mean that the price will try to break out by the end of the week, but I would be very careful on Monday, November 13, when a new weekly candle will appear and it may turn bright red. of course, the situation may change, but you can also easily notice the so-called crab pattern, which is a harbinger of a bearish correction. At the moment, I would not expect any bull runs.
Regards

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A little closer shot

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Another day of continuation in the ascending triangle

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Traders,
Dogecoin has been on a commendable rally since mid-October, in line with the broader market's rebound. However, the meme coin is currently facing a firm resistance zone between $0.076 and $0.080. This supply barrier was formidable, causing Dogecoin (DOGE) to withdraw and liquidate $2.96 million worth of long positions. Price has suffered from this crucial supply barrier, indicating a strong sales presence.

Following the recent uptrend, Dogecoin is now consolidating, with the potential to break resistance or retreat to lower support levels. The current support is set at $0.067, and if this gives way, there is a possibility of Dgecoin sliding down to test the psychological support at $0.060 or even $0.056, which would mark a significant correction from current levels.

The immediate future of Dogecoin depends on the battle between bullish momentum and bearish pressure at the $0.078 resistance level. If buyers can push the price above this barrier, it could mean a continuation of the uptrend, potentially leading to a test of the USD 0.081 resistance, and in a very bullish scenario, it could rise to the USD 0.090 level.

Regards

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Attempting to break through the resistance

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the price is still within the resistance range

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The price is still in the bullish zone! Currently, the 50MA is being tested on the 4-hour chart, so all is not lost yet

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The game should be resolved within 2 days

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Hello traders,
another day in the upward triangle, but at the moment the price is stuck under falling resistance, in the marked small triangle the price can be pushed to lower levels to the current support at $0.065. The price must return to the level of 0.0775 for continued growth.
Regards

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Boom!

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Incredibly quick return to the triangle, the pressure there is terrible, but there is the will to fight, let's expect a breakout

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Currently there are two options,
the first one is to draw the head and shoulders of the pattern, or the second option, the exit path from the wedge.

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As I expected after the one-day panic, the price returned to the long-term attempt to break through the 0.08 level.

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A bit with humor, but also with vision:)

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The first candle checks the level of $0.087, if the price overcomes this resistance in the coming hours, the next one will reach $0.093-0.097.

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Ladder of happiness

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In the next move, the price should test $0.094.

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Is it a repeat, we have an RSI inflection on the weekly chart, if this happens the price may go down to 0.03 within the next 2 months.

seba26-77

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