Doge to .28 or .40 Tuesday night into WednesdayAs you see here we've been riding along this Uptrend resistance very nicely. We created a Triple Bottom but ended up consolidating a bit heading towards to the trend line, now that we are here the 2 things we need to look for is a cross over or Touch & Go.
If we do fall below the trend line we may see .28 again followed by a Consolidation phase heading into Wednesday afternoon, which would be a solid time to accumulate. Say we do a Tough & Go off the trend line we might get a nice push to test .40 early Wednesday morning.
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If we have a brief look, we can mention the ascent, because after two months, it has suffered an ascending slope.
But the worry is that there are so many pressures and resistances that need to be broken
The 0.37 range seems to be very tight and the 0.45 range is another barrier to climb, in which relatively large traders may take action. If the resistance overcomes the support, one should expect a return. Let's be.
Doge Falling Wedge into Tuesday morningAs you see here we've created a nice falling wedge pattern along with a Triple Bottom on the chart as well as the RSI Indicator. If we get a push through the top of this wedge we will see a slight retest then a Uptrend to approach .35 again.
If we do break through the top & on the retest continue to have a sell-off we may continue to fall down to .29 resistance & have a consolidation phase through tomorrow.
Doge headed for a Bull Run too .90?If you go all the way back too April '21 just before the massive Bull Run we had a Consolidation Phase which we just came off of starting in July running into Aug.
Next we broke into an Uptrend, yes in April it was larger than the one we are seeing now, but it's identical to where it has started & finished.
Next was the Bull run that sent us too All Time Highs, which I do believe is too come, backed by mass adoption.
I copy & pasted each of these zones as you see they have lined up fairly identical. The Uptrend phase started & finished just about identical as you can get them.
💥DOGE TO RISE BY 45% TO $0.42 & FALL BY 35% TO $0.29Please support this idea with a LIKE👍 if you find it useful🥳
Buy level - $0.28 - $0.31
Stop loss - $0.242
Take profit 1 - $0.40
Take profit 2 - $0.42
Right here is possible inverse head & shoulder pattern with a confirmation to go long by 45% to $0.40 - $0.42.
The left shoulder has completed it's formation. The head is in play.
Therefore, once price hit the neckline at $0.421 - $0.45 and it fails to break it, then I expect a fall by 35% to $0.29 to complete the right shoulder.
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Doge to .34+We've broken through this wedge pattern & may see a slight pullback before we make a run to the .34 resistance.
If we do fall back into the wedge we may see a large pullback to .26 - .29 consolidation phase.
I believe we will see Doge at .35 Monday morning then pushing .40+ as we near next weekend.
Doge nearing the end of the wedgeExpect a big swing to come into play as we move through the night into the weekend.
I've gone ahead & labeled 4 major resistance points we should pay attention too for reference points.
Bullish: we may see a slight pullback to a very strong resistance which I expect us to bounce off & test the upper trendline with a breakout.
Bearish: we break below this resistance & fall outside of the trend then fall back too .25 range. This could lead us into a consolidation phase as we roll through the weekend.
Doge ready for a spikeThis Harmonic Pattern indicates we will see a nice Uptrend next. Also taking a look at the RSI you see we've closed in on the Oversold indicator which gives us confirmation that we may see a Reversal to the upside.
If we do break through the bottom of this wedge pattern we may see a Retest then another Large Pullback.
I'm Bullish for today.
Doge can revisit 0.3Like all the crypto market, Doge was also on the run in these past weeks
At this moment the coin is correcting/consolidating and it looks like is carving a symmetrical triangle
This can mean continuation and we can see 0.3 and slightly above
A break to the down side would negate this scenario
Doge ready to surge past .30We've got two Bullish Indicators, the RSI indicates we are breaking above the Bearish trend which was a Triple Top & we reversed that quickly.
We also just broke out of the top of this wedge pattern & had a retest, typically a Bullish trend follows. Let's see if we can reach the .30 resistance heading into Friday.