Doge is in an interesting accumulation formation, and at the moment its price is below the Ichimoku Cloud, which may imply a new setback before it crosses it. I understand that the Cloud above the price acts as a resistance region, and the more dense it is, the more difficult it overcomes it. With that in mind, we can see that in this case it is not that dense, so it does not seem like a strong resistance (I may be mistaken, of course). So, the best thing to do is to wait for a price consolidation above the Ichimoku Cloud for a safer entry and with greater profit potential. It is also important to note that the volume has been falling in recent days and at any time we may have gained volume due to the optimism that the market has shown today (if it will happen ... Well, I am not a seer lol). WT_CROSS indicates upward movement, Weis Waves has been forming small and almost inexpressive waves, considering also the volume traded and the fact that the price has formed an area of accommodation, I believe we can see the price evolve considerably, if not in the next hours, but in the next days.
Important to note: always do your own research and remember that the decision to follow this idea (which is personal) is not mine. Therefore, this is not a financial advice.
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