Hey Whats up!

Here are a couple scenarios that could play out on the large time frame for DOGE, normalized tot he value of bitcoin, which avoids the inflation fo the USD skewing the perspective.

It appears that this chart likes to make these wedding cake formations... in which case, we are at the top shoulder and headed down a bit as shown in the yellow trace.

Pink shows what it would look like if we hold this level above the pink descending support. This is our step up formation to climb levels.

Good Luck!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.