Doge to .28 or .40 Tuesday night into WednesdayAs you see here we've been riding along this Uptrend resistance very nicely. We created a Triple Bottom but ended up consolidating a bit heading towards to the trend line, now that we are here the 2 things we need to look for is a cross over or Touch & Go.
If we do fall below the trend line we may see .28 again followed by a Consolidation phase heading into Wednesday afternoon, which would be a solid time to accumulate. Say we do a Tough & Go off the trend line we might get a nice push to test .40 early Wednesday morning.
Dogecointrading
Doge Falling Wedge into Tuesday morningAs you see here we've created a nice falling wedge pattern along with a Triple Bottom on the chart as well as the RSI Indicator. If we get a push through the top of this wedge we will see a slight retest then a Uptrend to approach .35 again.
If we do break through the top & on the retest continue to have a sell-off we may continue to fall down to .29 resistance & have a consolidation phase through tomorrow.
Doge headed for a Bull Run too .90?If you go all the way back too April '21 just before the massive Bull Run we had a Consolidation Phase which we just came off of starting in July running into Aug.
Next we broke into an Uptrend, yes in April it was larger than the one we are seeing now, but it's identical to where it has started & finished.
Next was the Bull run that sent us too All Time Highs, which I do believe is too come, backed by mass adoption.
I copy & pasted each of these zones as you see they have lined up fairly identical. The Uptrend phase started & finished just about identical as you can get them.
Doge prepared for a slight pullbackIf we do have a pullback, it will be a healthy at that. We may fall to our previous resistance at .30 then give .35 another shot.
We very well could continue on this massive Bull run, but if we do cool off a bit it might be a great time to buy in before the next leg up.
Doge nearing the end of the wedgeExpect a big swing to come into play as we move through the night into the weekend.
I've gone ahead & labeled 4 major resistance points we should pay attention too for reference points.
Bullish: we may see a slight pullback to a very strong resistance which I expect us to bounce off & test the upper trendline with a breakout.
Bearish: we break below this resistance & fall outside of the trend then fall back too .25 range. This could lead us into a consolidation phase as we roll through the weekend.