I have seen a lot of amateur Technical Analysis showing this channel as proof that we are moon bound over time, and that if we break it BTC is in a downtrend. I have added a screenshot from one of the main Internet "Gurus" showing what I mean
This is wrong.
BTC is in an uptrend, and me and my partner @Mayfair_Ventures have been saying for more than a year that...
I believe Doge is in a massive descending triangle and the price will soon plummet from here around 65 %. Target 5-6 cents.
Oh and I don't trade Dogecoin, I'm just analyzing.
