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Dogecoin

#DOGE READY TO EXPLODE OR BREAKDOWN? KEY LEVELS TO WATCHYello Paradisers! Are you paying attention to #DOGEUSDT? This setup looks too good to ignore. #Dogecoin is sitting at a make-or-break level: 💎#DOGE is currently in a corrective phase following its impulsive five-wave rally (1-2-3-4-5). The price has been consolidating inside a broadening descending channel, forming a classic A-B-C correction pattern. Right now, #DOGE is hovering around a major support zone between $0.1444 and $0.2024—a crucial area where buyers need to step in. 💎For bulls to take control, we need to see a breakout above the descending resistance. If #DOGEUSD manages to break out convincingly, the first target is $0.30, followed by a potential rally toward the strong resistance zone at $0.48-$0.60. But remember, if there is no breakout, there will be no bullish confirmation. 💎The support zones between $0.20-$0.14 are very important. What if #DOGE fails to hold support? The bullish setup will become invalid if the price breaks below the $0.14 level. This could open the door for a deeper drop, potentially pushing DOGE below $0.10, where the market would need to find fresh buyers to avoid a complete breakdown. 💎If RSI and MACD show bullish divergence near the support zone, this could signal the end of the correction and the start of a new impulse wave. But without this confirmation, the risk of further downside remains. Stay focused, patient, and disciplined, Paradisers🥂 MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
5
Tips & Tricks by CandleStyxI was observing Dogecoin on the 1 HR and came up with all these observations and maybe you can learn some new ways to look at things if you can understand my scribbles. Some clues I noticed: 1. possible cup n handle formation 2. The arrows are all copy pasta same lengths and time 3. Apart of the big breakout arrow which measures the size of the cup from top to bottom. 4. Look at the date ranges numbers 5. See the Fibonacc Golden Pocket has ideal level for a Handle 6. It would also retest the breakout from the ascending green triangle 7. Target of the Cup and Handle pattern is right into the resistance & liquidity and would be the first deep test of its strength 8. Interesting that the breakout is programmed to be exactly nearby the weekly and 2 week candle close 9. Keeping in Mind the Biweekly Bitcoin crossing macd to downside could it be a failing outbreak? 10. Also they say that if the handle comes deeper than 12% it will most likely fail. 11. Conclusion is to observe if we go lower than 12% as that could be a clue if the outbreak could be a trap or not. 12. Grab this Chartlayout and make it yours! Tell me in the comments what YOU think will happen and explain why. More updates might follow.
Education
by Candle_Styx
XAU/USD : Important Zones for BUY and SELL ! (READ THE CAPTION)By analyzing the 30-minute gold chart, we can see that gold continued its bullish momentum yesterday, reaching a new all-time high at $2,942, as expected from our previous analysis. It was still too early to anticipate a correction, and the strong momentum pushed the price higher. Currently, gold is trading around $2,900, and I expect the price to dip below $2,896 soon to collect liquidity before we assess its reaction to this level. Additionally, there is an FVG between $2,929 and $2,934, which I expect to be filled soon as price moves higher. Keep a close watch on how gold reacts at this level for potential SELL setups. The key BUY zones to consider are $2,875, $2,866, and $2,856. Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
FX_IDC:XAUUSD
by ArmanShabanTrading
28
Dogecoin Poised for a Breakout Amid Government Efficiency PlansThe cryptocurrency world is abuzz with excitement as Elon Musk’s Department of Government Efficiency (DOGE) takes center stage, not only for its ambitious plans to streamline federal operations but also for its indirect impact on the meme-inspired cryptocurrency, Dogecoin. With the official launch of the DOGE website (doge.gov) and the announcement of sweeping governmental spending cuts, the crypto market is witnessing a renewed wave of optimism around Dogecoin. Elon Musk’s Influence and DOGE’s Growing Relevance Elon Musk, the billionaire entrepreneur behind Tesla and SpaceX, has long been a vocal supporter of Dogecoin, often tweeting about the meme coin and even integrating it into payment systems for Tesla merchandise. His latest venture, the Department of Government Efficiency (DOGE), has further cemented the connection between Musk and the Dogecoin community. While the initiative is focused on reducing government spending by $2 trillion over the next four months, the mere association with the DOGE acronym has reignited interest in the cryptocurrency. The launch of doge.gov, which promises to provide updates on cost-saving measures and federal operational efficiencies, has created a sense of anticipation among investors. Musk’s involvement in this governmental advisory panel under Trump’s presidency has added a layer of credibility and intrigue, further fueling speculation about Dogecoin’s potential role in the broader financial ecosystem. Moreover, the broader macroeconomic environment is playing a role in Dogecoin’s appeal. With U.S. inflation data for January coming in at 3% year-over-year, higher than expected, Musk’s plans to slash government spending could have a deflationary impact. Analysts like Charles Gasparino of FOX Business have suggested that achieving the panel’s goals could bring inflation down to 2%, which would be a boon for risk assets, including cryptocurrencies. This macroeconomic backdrop is creating a favorable environment for Dogecoin to thrive. Technical Analysis From a technical perspective, Dogecoin is showing strong signs of a potential bullish reversal. At the time of writing, Dogecoin is trading at $0.2579, up over 4% intraday, with an RSI (Relative Strength Index) of 47. This indicates that the asset is neither overbought nor oversold, leaving ample room for upward movement. Key Technical Indicators 1. Fibonacci Retracement Levels: Dogecoin has recently broken above the 38.2% Fibonacci retracement level, a critical resistance point. This breakout suggests that the coin is poised for further gains, with potential targets at $0.4993, $0.5740, and $0.6543 if the bullish momentum sustains. 2. Support and Resistance Levels: The one-month low of $0.2489 is acting as a strong support level, providing a safety net for investors in case of a pullback. On the upside, the immediate resistance lies at $0.267, which, if breached, could open the door for a significant rally. 3. RSI and Momentum With the RSI at 47, Dogecoin is in a neutral zone, indicating that there is no immediate selling pressure. This positions the coin for a potential trend reversal, especially if buying volume increases. 4. Community and Elon Musk’s Support: Dogecoin’s strong community backing, combined with Elon Musk’s continued influence, adds a layer of fundamental support to the technical setup. The meme coin’s ability to rally on sentiment and news cannot be underestimated, as seen in previous cycles. Conclusion Elon Musk’s Department of Government Efficiency (DOGE) has created a perfect storm for Dogecoin, blending fundamental optimism with a strong technical setup. As the official DOGE website goes live and Musk’s plans to slash government spending take shape, Dogecoin is well-positioned to capitalize on the resulting market sentiment. With key technical indicators pointing to a potential breakout and the broader crypto market showing signs of bullishness, Dogecoin could be on the verge of another historic rally. For investors, the coming weeks and months will be crucial as they watch for confirmation of the bullish trend and the realization of Musk’s ambitious goals.
Long
by DEXWireNews
Docecoin DOGE price analysisExactly 3 months ago, we made our last post about CRYPTOCAP:DOGE 👇 We wrote that according to our idea, the OKX:DOGEUSDT price made a +300% price movement and entered the sales zone. Since then, #Dogecoin has managed to make an A-B-C correction of -55% and test the “mirror” zone for strength. In principle, +/- now the price of CRYPTOCAP:DOGE is much more interesting to buy into an investment portfolio than it was before. But we'll probably - pass. 😭 Rumor has it that the next target for #DOGEUSD is $1 - do you believe it? _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
5
DOGE About to Moon? Yes, But Watch for One Last dump!Since 2013, CRYPTOCAP:DOGE has been following a massive long-term ascending channel. Every major pump and dump has played out within this channel. Right now, BINANCE:DOGEUSDT is forming a similar pattern to the one before its last bull run. In both cases, you can draw a downtrend line from the previous cycle’s peak. Before the real breakout (purple arrow), there was always a failed breakout attempt (light blue arrow) followed by a sharp correction. 💥 Last cycle’s correction: -61% 💥 This cycle’s correction so far: -64% After the first correction, DOGE broke the downtrend line (purple arrow) but then had another 56% pullback, retesting the lower boundary of the descending channel. If DOGE follows this same script, we’ve already seen a 57% drop as of 2/3. But is the correction over? Not sure yet. If there’s one last dip before the real pump, it could drop to the lower boundary of the descending channel. Based on past support/resistance levels, the buy zone could be between $0.215 - $0.151. Then comes the dawn after the coldest night— The party will start suddenly, so hold on tight. 🔴 [ Follow me ] for more future script "guesses" like this! 🔥 I've dropped another 2 analyses for the 2025 altseason on the right hand side if you're using computer, and scroll down a bit to see the link if you're using mobile.
CRYPTO:DOGEUSD
by Harold_123
DOGE initiated the rally that will reach $1.00DOGEUSD is forming a support base straight after it breached but rebounded and closed over the MA200 (1d) on February 3rd. The pattern throughout this Bull Cycle is a Fibonacci Channel Up and the bottom also took place on the 0.236 Fib which was were the rallies of October 2023 and January 2024 started. Trading Plan: 1. Buy on the current market price. Targets: 1. 1.0000 (top of the Channel Up / Fib 1.0). Tips: 1. The RSI (1d) hit the 30.00 oversold level. This has turned out to be an excellent but entry for Doge long term. Please like, follow and comment!!
CRYPTO:DOGEUSDLong
by TradingBrokersView
Dogecoin - All Things Are Very Bullish!Dogecoin ( CRYPTO:DOGEUSD ) will create new highs soon: Click chart above to see the detailed analysis👆🏻 After we saw the expected triangle breakout back in mid 2024, Dogecoin has been rallying about +500% and is now retesting the previous all time highs. Following the overall crypto bullishness, a breakout is very likely which will then be followed by a second parabolic rally. Levels to watch: $0.2, $0.5 Keep your long term vision, Philip (BasicTrading)
CRYPTO:DOGEUSDLong
by basictradingtv
31
DOGE/USD "Dogecoin vs US Dollar" Altcoin Market Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟 Dear Money Makers & Thieves, 🤑 💰🐱‍👤 Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the DOGE/USD "Dogecoin vs US Dollar" Altcoin market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. 🏆💸Be wealthy and safe trade.💪🏆🎉 Entry 📈 : "The heist is on! Wait for the breakout (0.30000) then make your move - Bullish profits await!" however I advise placing Buy Stop Orders above the breakout MA or Place Buy limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low or high level should be in retest. Stop Loss 🛑: Thief SL placed at the recent / nearest low level Using the 4H timeframe (0.27000) swing trade basis. SL is based on your risk of the trade, lot size and how many multiple orders you have to take. Target 🎯: 1st Target - 0.36500 (or) Escape Before the Target Final Target - 0.44000 (or) Escape Before the Target Scalpers, take note 👀 : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰. 📰🗞️Fundamental, Macro, COT, Sentimental Outlook: DOGE/USD "Dogecoin vs US Dollar" Altcoin market is currently experiencing a bullish trend,., driven by several key factors. 🎈 Fundamental Analysis: Bullish - The fundamental analysis of DOGE/USD suggests a bullish trend. - This means that the underlying factors that affect the price of Dogecoin, such as its blockchain technology, adoption rate, and community support, are all indicating a potential increase in price. 🎈 Macro Economics: Uncertain - The macroeconomic outlook for DOGE/USD is uncertain. - This means that global economic factors, such as inflation rates, interest rates, and geopolitical events, are not clearly indicating a bullish or bearish trend for Dogecoin. 🎈 COT Report: Not Available - The Commitment of Traders (COT) report is not available for DOGE/USD. - The COT report provides insights into the positions held by institutional traders, such as hedge funds and banks, and can be a useful tool for analyzing market sentiment. 🎈 Sentimental Market Analysis: Bullish - The sentimental market analysis of DOGE/USD suggests a bullish trend. - This means that the overall market sentiment, as indicated by factors such as social media sentiment, online searches, and trader surveys, is positive and indicating a potential increase in price. 🎈 Positioning: Institutional Traders Holding Long Positions - Institutional traders, such as hedge funds and banks, are holding long positions in DOGE/USD. - This means that these traders are betting on an increase in the price of Dogecoin and are holding positions that will benefit from a price increase. 🎈Overall Outlook: Bullish in the Short Term - The overall outlook for DOGE/USD is bullish in the short term. - This means that, based on the analysis of the above data points, the price of Dogecoin is expected to increase in the short term (next 30 days). ⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏 As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions, we recommend the following: Avoid taking new trades during news releases Use trailing stop-loss orders to protect your running positions and lock in profits 📌Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions. 📌Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly. 💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀 I'll see you soon with another heist plan, so stay tuned 🤑🐱‍👤🤗🤩
COINBASE:DOGEUSDLong
by Thief_Trader
Is the bearish trend in Dogecoin likely to continue?Hello and greetings to all the crypto enthusiasts, ✌ In several of my previous analyses, I have accurately identified and hit all of the gain targets. In this analysis, I aim to provide you with a comprehensive overview of the future price potential for Doge coin , 📚💡 Dogecoin currently faces the possibility of a significant decline within its established downward channel, with a minimum drop of 30%. This forecast is anchored around the price level where Dogecoin's upward movement began months ago, which has consistently served as a key resistance zone between $0.14 and $0.18. While there may be brief upward price action towards this resistance, the primary target remains within the same support range. The bearish trend is still intact, and critical support levels have been breached, suggesting further downward momentum. The market structure indicates that additional declines are likely before any reversal takes place.📚🙌 🧨 Our team's main opinion is: 🧨 Dogecoin might drop another 30% within its downward channel, with key resistance between $0.14–$0.18. While we could see some brief upward movement, the main target remains in the same support range, and the bearish trend suggests further declines ahead. Give me some energy !! ✨We invest countless hours researching opportunities and crafting valuable ideas. Your support means the world to us! If you have any questions, feel free to drop them in the comment box. Cheers, Mad Whale. 🐋
Short
by MadWhale
9
Dogecoin (DOGE/USDT) Technical Analysis - February 2025Overview: Dogecoin has shown a notable shift in its price dynamics, with significant retracements and key technical indicators suggesting potential upcoming moves. Analyzing the 4-hour chart on Binance, we observe critical support and resistance levels, along with key Fibonacci retracement zones. Price Action & Key Levels: Current Price: $0.24647 Key Support Levels: $0.24330 (1.618 Fib), $0.23188, $0.11269 Resistance Levels: $0.30 (psychological), $0.40, $0.48500 (recent high) The price is hovering near the 1.618 Fibonacci extension at $0.24330, acting as a critical support zone. A breakdown below this could push DOGE towards the next support at $0.23188 and potentially $0.14499 (2.618 Fib level). Indicators Analysis: MACD: The MACD line is slightly below the signal line with a histogram showing minimal bullish momentum. This indicates a potential for continued consolidation or bearish pressure unless a bullish crossover occurs. RSI: Currently at 37.85, the RSI indicates that DOGE is approaching the oversold territory. The RSI-based moving average at 38.72 suggests bearish sentiment but not yet in extreme conditions. Volume: A noticeable decrease in volume signals weakening buying interest, supporting the bearish outlook unless renewed demand emerges. Fibonacci Retracement Insights: The retracement from the recent high around $0.40236 shows DOGE struggling to maintain key Fibonacci levels. Failure to reclaim the 0.618 retracement zone could lead to deeper corrections towards the 2.618 and 3.618 extensions. Outlook & Trading Strategy: Bearish Scenario: A break below $0.24330 may trigger further declines towards $0.14499. Traders could consider short positions with tight stop losses above $0.25. Bullish Scenario: A rebound above $0.30 could reignite bullish momentum, targeting $0.40 and beyond. Conclusion: DOGE is at a crucial juncture. While bearish indicators dominate, the proximity to key support levels and oversold RSI conditions hint at a potential short-term bounce. Traders should monitor volume spikes and MACD crossovers for confirmation of trend reversals.
Long
by CryptoObi
DOGE: This May Be Your Last Chance Before Exploding to Upside !!The price can experience significant growth now and go up to 32 cents and then up to 60 cents. Also, positive divergence in MACD can be one of the signs. Give me some energy !! ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
1
DOGE📉 Price Trend: The price is currently trending downwards, as shown by the lower highs and the recent dip. 📊 Resistance Levels: 🔴 Strong resistance at 0.47 - 0.59. 🟪 Medium resistance near 0.39 - 0.43. 📈 Key Levels to Watch: 🟩 Current price is 0.33, hovering near a critical level of support. 🟢 Potential supports at 0.2673 and 0.2091. 🚨 Break below 0.2091 could lead to further downside, testing the 0.18 - 0.15 range. 📌 Targets: 🎯 Upside: 0.39, 0.43, and 0.47 as potential take-profit levels. 🔻 Downside: Watch 0.2673 and 0.2091 for buy zones or further consolidation. 🔥 Momentum: Mixed; recent dip suggests weakness, but support zones could trigger recovery.
Long
by ahmadarz
DOGE/USDT 1H: Distribution Complete – Short Setup Targeting!?DOGE/USDT 1H: Analysis 🚀 Follow me on TradingView if you respect our charts! 📈 Daily updates! Current Market Structure: Price trading at $0.25559 within a bearish structure, showing a clear distribution pattern. RSI at 38.82 with hidden bearish divergence, signaling potential for further downside. Smart Money Concepts: Market Makers distributing within the $0.27-$0.28 zone, now shifting focus to lower liquidity pools. Current price action indicates the distribution phase is complete, with breakdown likely below $0.25. Trade Setup: Entry Zone: Current price ($0.25559). Targets: T1: $0.24500 (near-term support). T2: $0.23000 (major liquidity zone). Stop Loss: Above $0.26200 (recent high). Risk Score: 7/10 – Favorable risk-to-reward ratio, but high-risk environment due to proximity to support. Market Maker Intent: Distribution phase appears to have completed, with liquidity likely being targeted below $0.24. Confirmation of breakdown below $0.25 will enhance confidence in further downside movement. Recommendation: Short positions favorable at the current price of $0.25559 with tight stops at $0.26200. Wait for a confirmed break below $0.25 for additional entries. Spot traders are advised to maintain strict risk management. Confidence Level: 8/10 – Bearish continuation supported by technical signals and Smart Money distribution patterns. 🚀 Follow me on TradingView if you respect our charts! 📈 Daily updates!
Short
by Cryptokijker
Dogecoin (DOGE)📌 Dogecoin (DOGE) Technical Analysis 🔷 Introduction: Dogecoin (DOGE) is one of the oldest meme coins in the crypto market, consistently remaining in the spotlight thanks to strong community support and endorsements from influential figures like Elon Musk. Given the recent surge in trading volume and price fluctuations, a technical analysis of DOGE can provide valuable insights for investors. 📊 Technical Analysis 📌 Overall Market Condition: 🔹 After a sharp rally, DOGE has entered a correction phase and is currently fluctuating within a descending channel. 🔹 The price has reached the 0.5 Fibonacci retracement level and the key support zone of $0.19 - $0.20. 🔹 Historically, this area has acted as a significant support level. 📈 Bullish Scenario: ✅ Reaction to the bottom of the descending channel → potential for an upward trend. ✅ Entry confirmation upon signs of reversal and a breakout above the channel. ✅ Possible targets if the descending channel is broken: 🔸 TP1: $0.52 - $0.57 🔸 TP2: $0.85 - $0.94 ✅ Key Consideration: After reaching TP1, market behavior and trend strength should be reassessed. 📉 Bearish Scenario: ❌ If the $0.19 support level is broken and the price stabilizes below it, further decline is likely. ❌ Key support levels in case of a breakdown: 🔻 $0.128 🔻 $0.093 ❌ A decline in trading volume and increased selling pressure would indicate weak buyer momentum. 📌 Conclusion: 🔹 The bottom of the descending channel could present a buying opportunity, but it comes with high risk. 🔹 A breakout above the channel may trigger a price surge toward $0.52 and beyond. 🔹 Risk management is crucial—breaking below $0.19 could be a strong bearish signal. ⚠️ Disclaimer: The crypto market is highly volatile. Always define your exit strategy before entering a trade and strictly adhere to your stop-loss plan.
by alizeynali69
DOGE - Time to buy again!Buy at 25 cents and sell at 28 and 33 cents . This signal is only valid for 3 days. Give me some energy !! Give me some energy !! ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ❗Disclaimer ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
1
DOGE/USDT 1H: Bullish Reversal in Play – Eyeing $0.31!?DOGE/USDT 1H Chart Analysis 🚀 Follow me on TradingView if you respect our charts! 📈 Daily updates! Current Market Structure: Bullish reversal confirmed after testing discount zone at $0.21. Price currently at $0.286, showing strong momentum from equilibrium zone. RSI at 60.09, indicating healthy momentum without overbought conditions. Smart Money Concepts: Accumulation phase completed at discount zone. Clear bullish order block formed at $0.26. No significant bearish divergences present. Market Makers likely targeting premium zone for distribution. Key Levels: Support: $0.275 (recent consolidation zone). Resistance: $0.31 (previous structure high). Premium Zone: $0.33-$0.34. Trade Setup (Confidence Level: 8/10): Entry: $0.285-$0.288 range. Targets: T1: $0.31 (previous consolidation high). T2: $0.33 (premium zone). Stop Loss: Below $0.272 (recent structural low). Risk Score: 7/10 - Favorable risk/reward setup with a clear invalidation level. Market Maker Intent: Strong accumulation in discount zone suggests upside continuation. Expect price to target premium zones before possible redistribution. Monitor volume on breakout of $0.31 for confirmation of trend continuation. Recommendation: Long positions favorable within $0.285-$0.288. Maintain tight stop-loss to mitigate risk. Watch for price action near premium zones for potential distribution. Confidence Level: 8/10 for bullish continuation. 🚀 Follow me on TradingView if you respect our charts! 📈 Daily updates!
Long
by Cryptokijker
BTC/USD : Bull or More Bear ? (READ THE CAPTION)By analyzing the 6-hour Bitcoin chart, we can see that, as expected, the price successfully surged to $106,500, hitting the $104,200 and $105,300 targets. Last night, Bitcoin experienced a decline, finally filling the Fair Value Gap (FVG) we discussed in the previous two analyses, with a correction extending to $91,000. Currently, Bitcoin is trading around $95,000, and as long as it holds above the $90,000 support, we can anticipate further upside. The next potential targets are $96,200, $97,600, and $101,700. Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
COINBASE:BTCUSDLong
by ArmanShabanTrading
3
ETH/USDT : Get Ready for the next Bullish Move! (READ)By analyzing the weekly (logarithmic) chart of Ethereum, we can see that the price experienced a sharp crash last night, dropping to $2100. After reaching this key demand zone, Ethereum rebounded and is currently trading around $2600. As long as the $2200 support holds, we can expect further bullish momentum. The mid-term targets for Ethereum are $3900, $4600, $5700, and $7400. 🚀 Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
Long
by ArmanShabanTrading
2