Head & Shoulders pattern formed on the Monthly & Weekly timeframes. As long as price continues to respect this pattern/zone of demand then I'm going to be looking for price to drop at least 10-20% over the next few months.
Going long (adding positions) because of the retest of previous high zone + bullish candle pattern forming on 4H timeframe. Confirmed buy opportunity with swing indicator as well.
After identifying the trend, measuring the swings, seeing price reject twice now, and identifying the current pattern I'll be looking for DOGECOIN to see new highs in 2021.
