Here we have a box. With it comes goals Doge must achieve.
1 - Break downwards trendline. 2 - Consolidate in box(lower half/purple) 3 - break halfway point 4 - consolidate in top half of box 5 - break out of box
Here is what the objective would look like based off the -64% dip in April.
A law that DOGE follows is a simple one. When we grow, the boxes double; this includes time. The last box phase in April took around 11 days. Expect this one to last twice as long; 22 days.
-WARNING- Doge needs to complete objective number 1 first though. If not, we might be on our way to the 200 daily EMA.
There's a lot more to discuss but for now, let's see what happens!
Note
About to cross the downwards trendline (bullish) expect resistance at the middle mark, possibly reaching .436 again IF it breaks out
Note
Doge couldn't complete the box phase, so down to the 200 daily ema it goes! Time for a new chart yall
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