...in any investment, in any asset class, on the monthly chart. We are overdue for a for this correction followed by a period of consolidation. Most likely a red candle will print for this month closing at or below $0.339
I expect, absent of some unforeseen catalyst or peak media event, that there will be a few months of consolidation. The orange rectangle outlines the most likely price range and length of time for this period. If price action crosses above or below, I will have to reconsider my prediction. Historically, every ATH in DOGE has eventually been surpassed. After the weak hands get shaken out. I expect another leg up with a market top target of price of $3.50 at around Christmas time or early next year. Patience may pay off but, it will take balls of steel for those who bought in at or near the current ATH.
This is not financial advice. I am not your financial advisor.
I expect, absent of some unforeseen catalyst or peak media event, that there will be a few months of consolidation. The orange rectangle outlines the most likely price range and length of time for this period. If price action crosses above or below, I will have to reconsider my prediction. Historically, every ATH in DOGE has eventually been surpassed. After the weak hands get shaken out. I expect another leg up with a market top target of price of $3.50 at around Christmas time or early next year. Patience may pay off but, it will take balls of steel for those who bought in at or near the current ATH.
This is not financial advice. I am not your financial advisor.
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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.