Right now doge is finding himself in the red resistance area that is trying to push the price down. Ideally it will break out of the red area stay on top and use that as resistance and go in the worst case scenario up on the green arch, if that fails it`s most likely going to go to new lows.
Targets are signaled by lines, each target can represent a huge rejection point.
Here is one of my private charts for BTC from a few years ago, it played out peaty good
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