TradingView
TradingShot
Jul 24, 2023 4:11 PM

DOGEUSD will trade sideways for another 6 months at least.Β 

DogecoinCRYPTO

Description

β‹…
Dogecoin (DOGEUSD) is trading on its 1W MA50 (blue trend-line), practically consolidating ever since the massive rejection of October 24 2022 on the 1W MA100 (green trend-line). This sideways price action is serving as the Bull Cycle's Accumulation Phase, before the final parabolic rally that will take DOGE to a new All Time High. This is at least the pattern that was followed in the previous two Cycles.

The date range from the top of the previous Cycle to roughly the end of the Accumulation Phase and the start of the Parabolic Rally has historically been 150 weeks (1050 days). A 1W MA50/ 1W MA100 Bullish Cross comes as a final confirmation to buy.

-------------------------------------------------------------------------------

** Please LIKE πŸ‘, FOLLOW βœ…, SHARE πŸ™Œ and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! **

-------------------------------------------------------------------------------

πŸ’ΈπŸ’ΈπŸ’ΈπŸ’ΈπŸ’ΈπŸ’Έ
πŸ‘‡ πŸ‘‡ πŸ‘‡ πŸ‘‡ πŸ‘‡ πŸ‘‡
Comments
trentrehnquist
β‹…


Doge may be moving sooner rather than later
abamazon3
β‹…
are you saying doge can reach 2-6$? or 2.000-6.000 usd?
Plastic_platapus_430
β‹…
I hope so. more time to accumulate.
Psychometriks
β‹…
DOGE so far so good
Neminvesto
β‹…
Will be interested to hear your opinion/predictiin on next bull run targets.
Psychooffice
β‹…
Hopefully Doge will bring in some gains before the end of the year 🀣
More