Superr_Steve
This is called a megaphone pattern and it is a continuation pattern. I expect Doge to continue this pattern until it breaks to the upside.
Take a look at the massive bullish pennant that is breaking out.
A few more months of sideways action with two major support lines and one major resistance line.
Here we have a Descending Triangle pattern which is a continuation pattern. Since this is on an uptrend the continuation would be upward. The impulse 1 was from .06 to .15 and since this is on a logarithmic scale the continuation impulse 2 could be from around .125 to .345. The timeframe interestingly converges on Monday morning, so any Twitter/Doge news could...
This wedge has been forming since February 2021. It looks to me like DOGE broke out earlier this month and just had a retest and a bounce last night. I wonder what will happen next.
Starting in November 2021 DOGE and SHIB started having a very close correlation (Don't even ask me for my conspiracy theories on why). However, the past week we are seeing a little bit of a break from the trend correlation, most likely due to news of Elon joining the Twitter board and hinting at more DOGE adoption. We saw the DOGE and SHIB trend correlation break...
The Weekly chart for DOGE.D shows ready to finally make a move into bullish territory for the first time since Spring of 2021. The RSI has plenty of room to move up. To me this looks good for Doge, if the markets continue to move down, I will guess Doge does not move down as much. Or, alternatively, if the markets stabilize/go up I think Doge could really be...
The Bull Flag on the 4H chart for DOGE is currently being broken if it can break the downward resistance and find super with a retest, we could see .42 soon.