THE TRUTH ABOUT DOGECOINDogecoin is looking really toppy. As you can see the RSI has peaked out early before a new high which is alarming. I think Doge is in serious trouble here as the meme craze starts to shift into newer memes. If the head and shoulders pattern plays out you're looking at a catastrophic drop down to 2
Trading activity
Transactions 31
BuysSells
229
Volume 339USD
Buys volumeSells volume
24891
Traders 14
BuyersSellers
95
About DOGEDOGE_8266E0.USD
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Doge is a LaggerHello I am the Cafe Trader.
Today we are looking at DOGE.
Normally I refuse to look at "Meme Coins" but with a 33 Billion Dollar Market cap, I don't think it falls into it's own category.
Doge, like many Crypto, have come alive. If this is one you are looking at, here are the Keys:
Short Term
DOGEUSD Is that a textbook Livermore Cylinder to $1.5 ??Doge (DOGEUSD) has been trading within a Bullish Megaphone for the majority of its Bull Cycle since the October 09 2023 Low. We may technically claim that this has been so far one massive Accumulation Phase, along with the rest of the altcoin market.
A pattern that draws strong comparisons with tha
Dogecoin - It is all totally expected!🐶Dogecoin ( CRYPTO:DOGEUSD ) will break out soon:
🔎Analysis summary:
Just this month, Dogecoin perfectly retested a significant confluence of support and is starting the expected rejection. With bullish momentum picking up, there is a very high chance that Dogecoin will break the all time hig
DOGEUSD Has reached it's (first?) targetAfter reaching the Centerline, price eitheradvances to the Upper Extreme (U-MLH), or it reverses and it's target is the L-MLH, the lower Extreme of the Fork.
An Open & Close below the Centerline would indicate further progress to the downside.
A stop above the last high with a target around 2 woul
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
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