Doge chartThe circles represent price targets and also react as a magnet for the price with support and resistance rejecting or containing the price inside until the price goes out.
The diagonal trendlines are also trying to push the price in one direction or another acting as support and resistance. In ideal conditions the price will be contained in one channel that goes either up or down.
Sometimes if the price goes out of the trendlines when it was going up, it tends to dump.
When the price was dumping and poke out of the falling channel, it tends most of the times to pump. But it`s not a general rule as there are also exceptions.
This is done using an experimental method that I developed inspired by Da Vinci. I don`t use indicators or fib retracements.
This is not financial advice.