Dogecoin
Long
Updated

Is DOGE still healthy?

The previous analysis of retracements says YES.

Previous retracements was -79% and -70% , and in extremely high gains, extreme pullabacks are to be expected and are normal.

The major trendline is intact and will still be intact even with a 70% correction.

Higher highs and higher lows will be intact also.

Since volume is not increasing on the downside, that is a good sign.

I believe the next major volume peak will be near the price of $1.

Price can consolidate in the range 0.33-0.6 for a couple of months before making a new all-time high.
Note
Still healthy

Disclaimer