The original elliot wave has become a big wedge. Astonishing recapture of 40sat by bulls. After having a few rallies earlier this year to about 35-40 Sat and re-accumulation on the way down, it seems irrational to think there are any sellers left who will part with their precious Doges for below this price (unless BTC starts making moves up again).
Expectation drives price, so if the bulls successfully defend the thirties, then speculators will have the confidence to step in after seeing Doge failed to yield to bearish pressure. The reason to sell would be the idea that Doge is a dead coin, but volume says otherwise.
My entry was at 24 sat and very foolishly I held through the way down, so I could be fooling myself.
coindabbler3
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@Milky_Udders, Yeah i think a push to 36 would be enough of a signal for the speculators. Anything above 38 and I'm back in