As you all can see doge is deeply correlated to btc behavior. I will personally take profits once bitcoin seems toppy. We still got time as you can see how surprisingly last two cycles bull markets took exactly 793 days of duration (green histogram). This cycle should end by august 2025, so expect both doge and bitcoin tops before that date. Cheers
This sharp declined in the price of doge has made the signal line(blue) dip bellow the 0 line which means a bearish trend in the short term or a sideways move. This a really good time to load coins up. The next target is 1 dollar and then we might get to 5. Keep a close eye on the signal line going above 0 again to expect the 1 dollar level.
As you can see the price chart on doge this cycle is pretty similar to the last one so far. After going up to the first pause of the cycle around the 0.786 fib level price corrected to the 0.618 fib level. If this time happens something similar make sure to get in big around the 26 cents if this idea proves right.
As you can see we are in the same spot that last cycle. BTC running avove previous ATH and total2 still bellow previous top. Once btc gets close to the top altcoins are going to explode, see how LMACD of Total 2 is not even close to the top of the descending diagonal. Scoop some alts now, next 12 months should be bright.
This is my prediction as I have stated before. This time a close look on the daily time frame.
Folks we are in a bull market , we are going higher. The trend is intact and you should buy safe at these levels since I strongly believe that next bear market lows would be around 80 cents to 1 dollar. You just have to be patient, enjoy the ride.
Let's see what comes next this time. Last time happened exactly the same at the fomc meeting and the next day Doge exploded after testing the Gaussian.
Since I am betting on ~5 dollars as the doge top. The 0.382 fib level is the golden for Dogecoin. This zone besides to catch the bottoms is the first consolidation area after breaking path and then reaching the top. Next bear market if this proves right sits around 90 cents so you should be buying at these levels since we are halfway of what might be the best...
I was playing with the btc and doge correlation and found interesting the tops on doge have been matching with btc bottoms, if this keep playing out we could see an impressive 5 usd target.
This is the LMACD of the price of BTC compared to Dogecoin price. This is not the top and doge should have room to keep going up. Be patient and scoop them all.
Yes we will se a parabolic move on Dogecoin again. Just be patient
LMACD is suggesting on the monthly a possible top by March.
This is MACD (not logarithmic) and I found interesting how it seems we are in the parabolic phase and the macd is crossing bullish on the daily. We might be running next for a movement close the top or the actual top. Take a close look when the macd breaks bellow 0 and the parabola gets invalidated, this might be the started of the next bear market.
Take a close look when aligning these two correlated crypto assets. See how the top on doge matched with the previous cycle bottom on btc. This suggest an ambitious target of around 6 dollars for this cycle?
If this trend continues or behaves similar that prior cycles we could see the best for this cycle before May.
I am standing with doge and still see a feasible 10x to come in the coming months.
Lets see what we get once the price test the gaussian band. Expecting a rebound. Let see
This is why I am betting big on doge because at this point, we might get better returns on altcoins and memcoins. Solana and doge should perform extremely well compared to btc and eth , riskier but this is crypto.