After the late 2024 bullish cycle, Dogecoin entered a classic correction. This correction started on the 08-Dec. '24 session and ended 07-Apr. '25, support was found in the mid- to late 2024 consolidation range and resistance zone. A classic resistance turned support dynamic, it is not too late.
When looking at this chart, it is easy to see that Dogecoin is still trading at bottom prices compared to the next immediate target and also the last high.
The correction has a perfect 3-3-5 pattern based on a complex ABC, and marketwide action as well as Fibonacci levels predicts its end. Once a correction is over, an impulse always follows, in this case a bullish impulse with 5-up waves, this is perfect.
We are on the verge of maximum bullish momentum and growth. A simple yet strong target, really high probability sits at $0.70 with a target of 333%. When we consider a low risk leverage of 5X, this would give us a total of 1,665%.
If you look at the volume on this chart, notice that there isn't much action lately, not bearish nor bullish, simply no increase in trading volume. This means that it is early for this pair. We know it will move and will definitely do so and bullish, why? Because Bitcoin is going up and many Altcoins are doing the same. What one does, the rest follow.
» Dogecoin is still trading at bottom prices, go for it, it is not too late.
Thank you for reading.
Namaste.
When looking at this chart, it is easy to see that Dogecoin is still trading at bottom prices compared to the next immediate target and also the last high.
The correction has a perfect 3-3-5 pattern based on a complex ABC, and marketwide action as well as Fibonacci levels predicts its end. Once a correction is over, an impulse always follows, in this case a bullish impulse with 5-up waves, this is perfect.
We are on the verge of maximum bullish momentum and growth. A simple yet strong target, really high probability sits at $0.70 with a target of 333%. When we consider a low risk leverage of 5X, this would give us a total of 1,665%.
If you look at the volume on this chart, notice that there isn't much action lately, not bearish nor bullish, simply no increase in trading volume. This means that it is early for this pair. We know it will move and will definitely do so and bullish, why? Because Bitcoin is going up and many Altcoins are doing the same. What one does, the rest follow.
» Dogecoin is still trading at bottom prices, go for it, it is not too late.
Thank you for reading.
Namaste.
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🚨 You need PREMIUM trade-numbers to profit from Cryptocurrencies —Best timing & amazing results! 👉 lamatrades.com (Since 2017)
💥💥💥 Early 2025 Results (NEW)
t.me/masteranandatrades/6119
🏆 FREE Trade-Numbers
anandatrades.com
💥💥💥 Early 2025 Results (NEW)
t.me/masteranandatrades/6119
🏆 FREE Trade-Numbers
anandatrades.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.