As alt coins gear up for the next market cycle Doge coin has seen alot of hype over the potential use case with twitter.
The chart is the ultimate culmination of all buying, selling and the cycling there of. Twitter or no twitter Doge along with many other alts are leveling off and exposing their momentum.
Applying current cycle price action to average market cycles produced by similar action we can begin to make some possible projections.
This chart is a weekly line chart showing the current rate of progression matched up with the past outcome of similar action.
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approaching bull run pump date
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As doge coin is getting the expected bounce it is correlating with time cycle forcast in february of last year. Targets and time cycle should be monitored in the comming weeks as when sellers have been depleted and public interest rising this historically has moved extremely fast.
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doge has officially crossed into the part of the repeating time cycle that typically leads to price rise. Still bullish...
Your use of technical analysis, particularly the comparison of current price action with historical patterns, demonstrates a strategic approach to forecasting potential future movements.
Degen-Dynasty
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@MyCryptoParadise_Nathan, Yes unfortunately indicators and exchange strategies are designed to work just enough to slowly bleed you dry. The chart is final culmination of all buying and selling decisions. When, where, and why. WIth that said crypto has cycle 3 times already and it has long been said when the shoe shine can predict the next bull run the decline has already begun. CAUTIOUSLY optimistic. There is an updated version of doge available in the idea section also with more current price action.
@oleksandrnechyporuk93, I don't use astrology but do agree it is possible for reasons not able to explain in the comment section. In short there is mathematical relationships between motion and time. The astrology aspect is extremely advance, extremely confusing and if mastered MAY be extremely profitable but currently I find it uncessary but do aknowledge the work of natural laws that govern motion in all things.
dustinchristian30
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@oleksandrnechyporuk93 interesting. I like the analysis and see something similar. just not sure about where to expect a top. initially I thought 1.5 but that is a conservative estimate.