I've been hiding in the bushes and watching Dogecoin.
It could continue to limp along and consolidate, but it may be breaking out and looking for continued upside. I don't think the current momentum will allow a big move to the downside. For me, if we touch the ascending trendline that would be healthy and I would look to bounce up from there.
The dashed...
Triangle Consolidation pattern on DOGE/BTC.
Resistance at 0.00000125 BTC
Support at 0.00000107 BTC
Price Target remains 0.00000214
Coincides with my DOGE/USD price prediction.
Not Financial Advice. Please invest only what you can afford to lose. Limit Risk using stop losses below support levels
Clear cup & handle on 30 minute time frame.
Chart and Fib levels are in Log Scale.
Could possibly be the last buy zone before it skyrockets.
Support levels :
$0.03612
$0.035
Price target $0.07
Not Financial Advice. Please invest only what you can afford to lose. Limit Risk using stop losses below support levels
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As we saw before (see attached) we were waiting on some more development well we have been in a corrective pattern all day after the initial move up. We could be completing this pattern and moving up a few cents from here. Will keep updating as much as possible! #DOGECOINARMY
This is not financial advice, please do your own due diligence.
There are 3 separate Wave 1 & 2's
Chart and Fib extensions are in Log Scale.
Intermediate (White) Wave 3 Targets are:
- 3.618 = $0.12
- 2.618 = $0.09 - $0.10
- 1.618 = $0.07
Minor (Yellow) Wave 3 Targets are:
- 3.618 = $0.14
- 2.618 = $0.09
- 1.618 = $0.057
Now because the intermediate 1.618 is greater than this price, I'm looking for 2.618 and 3.618...
This 4hr chart has me howling for the moon for DOGE!
It looks like we have broken out after retracing to the .786 Fib.
If a rejection happens at or around the .5 Fib I'd look for a solid bounce off the purple rising trendline.
If we touch the purple trendline it could send Dogecoin into a parabolic uptrend to test resistance at the previous ATH.
Here...
So far we've corrected for over 24 hours, the last idea I shared (see attached) was about how I was waiting for price to break above the 15m cloud, well we have now! Our only real hurdle that I can see is on the 1h chart currently, where price is under the cloud. Price is above cloud on every other chart and when it crosses above on the 1hr I can see a larger move...
