i would like to share this book and it really helps me to improve my position trading and it would help you in the long term investment, we use doge and shib since they have comparison from previous run, as i see shib is on big distribution compare to dogecoin longer consolidation it means doge has more potential for upsdie since most of the holders from $0.75 below has cut theirs position and they will buy the bottom and it will repeat the cycle again to stage 1 and 2, i could be wrong but theirs still a chance that doge as more upside than shib.
stage 2: advancing phase: accumulation -might be ignited by surprise news: beneficial regulatory change, promising new business outlook, new CEO with vision who could improve the company, new company that attracts notice with big earnings surprise that beats estimates
stage 3: topping phase: distribution -all good things must come to an end, it can't keep churning out increasing earnings growth percentages
stage 4: declining phase: capitulation -losing EPS momentum, earnings slow down, negative surprise and miss buildup of finished product, declining demand, competition in marketplace higher volume on down days, lower volume on up days
i hope this stages can help you a lot to you journey to become a profitable investor or trader.
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