Potental Bull Run in a Downtrend.By the looks of this chart, its presenting a bullish Bat pattern in a Bear run!
If by any means this happens.. I think the trend will reset to the downside once the target at price action .888 is accomplished.
As by my preivious post I'm still very Bearish on Doge as a whole.. It needs less drip and more funding with updates to its mainframe to become a coin of interest for instance like Eth / BTC /LTC
Dogejpy
Spring of 2021 Dogecoin Prediction As spring is here Doge has progressed to become one of the most valuable crypto currency's on earth today
From its leverage I would not be suggestive to see a downtrend start to uphold the value of the currency.
But honestly I don't think Doge will have a transaction value over the cost of 1 dollar... If it sees a dollar... Think of how much 66 billion is to be 61 cents a dam coin...
With that said this is my prediction for the spring of 2021
Make sure to be careful while trading...
I Think The doge IS in Need of a Fall down this coin is to highI think price action will fall down to the lower structure level before testing its boundaries there for a uptrend again or to fall down..
I am bearish on this coin because i think its overvalued.
I'm not a profitable trader so don't take my advice. I really am not good at trading at all. I.E negative portfolio in the past.
Make sure you use proper risk management depending on your category of what you choose to trade if you do take my advice.. I still think you should always be careful though because I'm not even risking money.