Doge coin was trading inside a triangle since early summer and yesterday made its move upwards.
If prices doesn't come back making a daily close inside the triangle and continues upward, then the projected target is the area between 0.45 - 0.46.
Of cource, to get there first it has to clear out some strong resistance between 0.337 and 0.3660.
On the 1 hr chart, DOGEEUR could be in Wyckoff accumulation phase.
I am waiting for confirmations on the movements. If confirmed, I am expecting a retest of the 0,2 euro mark before a entering a new uptrend.
Let me know your thoughts in the comments.
he price of Dogecoin jumped by 20% in minutes after another pro-tweet from Tesla’s CEO – Elon Musk.
The billionaire posted a rather intriguing tweet that included a one-dollar bill and DOGE.
In his latest pro-DOGE initiative on social media, Musk posted a picture with a text reading “cybervoting.”
In the background, though, there’s a slightly blurred one-dollar...
The prediction to $1 USD.
The red label at the top shows USD $1, because the chart is in EUR.
Most people see and look at USD charts, so they will trade on that.
The prediction is based on previous bull run, with a range.
Sorry it's messy, but I tried to put in more info.
Price action won't be identical, and if you trade watch out.
Only noticed that the overlaid...
The Doge returned to the ascending channel as planned. In fact, we can see similarities between the past explosion of April 2021 (green zone). The Doge exploded, was corrected and retested the highest point, then returned to the initial ascending channel to develop more slowly. On May 4, the Doge exploded a second time and made the same movement (small correction,...