From what we are seeing, Dogecoin has now re-entered accumulation phase. In my previous vid, I estimated $0.69 and we nailed it 3 times. Traders has 3 chances to hit it and exit but I think it is safe to say that greed go the best of them. Going forward, the next main target zone for Dogecoin isn $0.519. Once we breach it, we can see a climb to $0.65, which is the ultimate resistance that needs to be broken.
This accumulation period can range from 3 to 12 days based on historical data so be patient and do not take unnecessary losses.
As always, happy investing!
This accumulation period can range from 3 to 12 days based on historical data so be patient and do not take unnecessary losses.
As always, happy investing!
Note
In this pic (attached), you will see that
DOGE literally hit $0.519 then pulled back, which is promising sign of what is to come. Thank you for tagging along. The journey is really just getting startedNote
In yesterdays video, I posted that our major resistance level was $0.519 and DOGE reached it before its significant pullback. This is promising because this is now double top with stable pressure in the near zone[5:48 PM]
Keep an eye out of this next period of accumulation leading to a breakout and surge to $0.65
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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.