Just a basic chart. We can see the baseline target that was called in the previous post (see link below). Called to the exact point. I feel confident in this one as well. From here when we get a strong breakout- it will be STRONG- expected upticks seen around Sunday or Monday ish. The price will continue to surge violently up. There is a resistive point at .10 but I dont think it will hold price back much , We may see some MINOR retracements, but this move I feel will be fast and culminate before the end of next week 11th. Once target is reached expect a pullback...and then I will re-explore the next target.
Note: I do employ methods to this that are not illustrated on the chart. I may include them in the future but I have to get a bit more organized with the drawings. For now- enjoy. CHEERS
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Price action has pulled back slightly and showing signs of a tight consolidation which is what is expected before a strong rally. This may continue another day or two, and then we should see some conclusion to the price action.
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DOGE is taking the long way to grandmas house...
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Small Caution- I expect flushes before moves up- just natural part of the trading action to see. Expect possible flush to downside to 0.75, a lower price in the short term for Doge. The price action is rejecting very sharply on a harmonic that showed a fake bull move (so far). Bounce at or near 0.75. Ill take another look at it after this to be sure I am on the right path. This has already taken longer than expected for upside move.
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Have we reached the bottom of this minor downtrend? Id like to see a trend reversal within the next 4-5 days. Gotta get over .078 though
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Just stagnated.. May see a deeper pullback to 0.06 before we get over 0.078. Would be a good opportunity to scoop up more DOGE at a discount.
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When I said price will surge violently- that was what I meant. Super big candle today!
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Doge continues this MASSIVE consolidation in price at .70- .96 cents.... Price stabilization is a key to bigger and more profound move sup in crypto. Time will tell here. In the event BTC goes down- DOGE will too.. but this can lead to lower opportunities to buy for the late comer's and if BTC rises- well you already know what will develop!
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Re-exploring here.. been a wild ride, but Doge appears to be in the initial phases or returning back to where we were in the 9-10 cent range. Consolidate here and work our way back up to 11-15 cent range.
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May possibly see a slight dip in price before the rally up.... but if so the support is clearly at 0.064 for additional low priced buys and accumulation.
however, I'm not going ling until it breaks out the descending trend line we had since five weeks.
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@ahmedalmalikiab, its holding 0.8, but not going over 0.83- though. Trying, but this is a sign if it doesnt. BTC stagnant too. Could be a flash flush is all I am saying.