DU09

DOGE/USD - Consolidating before the next PUMP?! Really? 😋

Long
BINANCE:DOGEUSDT   Dogecoin / TetherUS
DOGE is CONSOLIDATING between the Fibonacci levels of 423 and 261 or between $0.40 cents and $0.26. This is BULLISH.

WOOT? Are you saying DOGE can pump some more? Yes. As long as we are above $0.26 cents, we're looking very bullish.

The indicators also look bullish and there are no signals DOGE wants to drop... MACD is still positive and the histogram is pushing higher... RSI wants to curve up... the only warning signs right now are the overall market that seems a bit overextended (see below my BTC/ETH ideas) and the lack of volume these last two days.

So long we bounce between these levels, it will be a healthy consolidation for DOGE which will likely break up towards $1... yep... crazy right? However I don't see any bearishness yet. We can revisit the chart later if so.

Congrats to all the buyers, DOGE has performed the best run this bull cycle... over 200x in profit... Elon Musk and DOGE are on Mars drinking cocktails while we're stuck on Earth, scalping 2-3% of Bitcoin 🤣

Bias remains bullish for now.

Like and follow if you liked this idea! Also join my crypto community to stay in touch!

📣 Find more Alpha by joining Your Crypto Community 🔰 LINKs BELOW 🔰

🔹 Over 5,000 members!
🔹 Real trades & wins explained
🔹 Trading ideas, crypto trends & alpha

Likes and follows appreciated! 🚀
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.