finally we see a small sign of life for dogecoin, bullish divergence is intact and price is above $0.20, also we see the rsi breaking our 1st resistance, it means the price could push higher above $0.25 and to test $0.35+ soon. it wont be easy for doge expect sellers on major resistance. enjoy the ride in few weeks to months.
Were not sure if doge can do the same run with 1,760% run, Historically it can but this time it needs a huge amount of money To push the price at $3 since thats 1,760% from 0.16 bottom to $3. For now lets see were doge is heading.
bitcoin is preparing to break the 50k again and we see its consolidating at 40-41k it could break this october and consolidate again above 50k before bitcoin take the new all time high.
doge still at consolidation phase or the accumulation phase, traders and investor is weighing if $0.19-$0.20 is a solid support or the $0.16 revisit again? lets see how they will move doge upwards. honestly ive seen alot of crypto with huge coin supply like dogecoin with $131billion coin supply if this supply wont change then lack of investor wont buy it, since...
bitcoin possible another swing, currently at wave4. double top rsi a possible.
DOGE IS AT VERY CRUCIAL STAGE, $0.16-$0.20 MUST HOLD AND MAKE A STRONG BOUNCE for now lets carefully watch this week ends how doge will behave on demand zones, doge need more utility use to attract more investor and new traders that will push the price higher.
were still at wave 2 the accumulation phase. we need to see 0.21+ to hold for wave 2 so it wont invalidate the counts this is also the Higher Low which is the chart saying uptrend is still intact as long as its making more HH and HL. more patience it seems the money flow in crypto market is still at the NFT and DEFI coins, once those coins reach the target...
nothing too much we can say about doge, since doge still at consolidation phase soon it will break the $0.35+ for now lets observe how doge will behave above $0.21 if doge manage to hold this key levels then EW is right then were going to break $0.35 on micro view. but on our macro view doge can reach $3 generously, $5 is possible but the question is when? and...
This flash crash has been there for a long time, from bitcoin to eth its always happen. this is a buy opportunity since the macro view is still uptrend. for dogecoin expect 2weeks volatility before it break the $0.44 levels.
my analysis is still the same from what i post last time, doge is making the new trend, so more patience at this time since doge is accumulating, soon doge will break the $0.75-$1.0 after this number break the real money will come to dogecoin, so the price can push higher. for Elliot wave user, this is EW target price long term to midterm Wave 1 $0.75 Wave 2...
0.44 is inevitable! $0.30 strong support Lets see how doge will Break the $0.44-$0.50 This septembee.
alot of people messaging me were is doge going right now? on our previous chartings doge is at disbelief area of market cycle, were sure that doge will go up this september to test the $0.44 and $0.55 if this area breakout then expect doge to make all time high above $0.75. we also see and calculated that doge has the biggest reward from major coins and doge...
ive seen alot of micro view in dogecoin were people area trying to analyze the day trend and hourly trend if people still doing this they gonna missed the whole trend. on the chart were already done with the capitulation phase and were already in disbelief area of basic market cycle, what we want to look on dogecoin is this new support level of $0.30 and a flag...
what we want to see on dogecoin is just break the $0.75 and stay above $1.0-$1.50 then we can say our fractal moves can happen again, for now lets enjoy they bull market up to 2022 december.
We see a strong support from 0.30 Doge can break 0.44 anytime this week ends or early next week days.
doge 1st run has 65days consolidation now doge at 100days consolidation this time its longer but remember the longer consolidation is a indicator that the price will explode higher than the first run, so if doge will consolidate more then its good, so we can reach the ultimate target of $3 to $7 euphoric price, but to reach those levels we need the Doge Smart...
doge expecting to test 0.30 then take over the 0.44 resistance after that will see how doge will pullback or consolidate before making new highs, for now im sure it will test the 0.44 resistance. we need also the doge Smart Contracts and Doge Ethereum Bridge so the price will push higher, if you notice Ada movements its because of the new upgrades and upcoming...
on this chart we can tell similarities if this retracement will repeat then doge can go beyond what we expect this year, it could trigger this numbers once doge eth bridge is done and doge payment speed and low cost and some upgrades too. so lets see whats gonna happen, but as of now we can see a good recovery.