While it might seem a little far-fetched to imagine a meme token worth $3.43, if the fractal plays out like before, theoretically, DOGE could ascend to 361.8% Fibonacci extension level at $40.91.
Readers are advised to take this double-digit forecast with a grain of salt and remember that the key word is "theoretically."
Not Financial Advice
1/ Double bottom is already progressing
2/ triple bottom could play out eventually.
3/ fractal formation is already in play, check out the previous "DOGE fractal" TradingView idea posted on our profile.
I know that the DOGE coin is not good fundamentally, but if we look from TA point of view, this coin is about to give massive returns! The triangle is huge, it might give huge returns. But, on the other hand, never trust meme coins. Invest only that much, which you're ready to lose.
1/ Dogecoin price rallied 43% in less than two hours.
2/ This sudden uptick in DOGE comes as the cryptocurrency markets are experiencing a slump.
3/ This development is likely considering that Shiba Inu investors will want to cycle their profits to another meme coin.
#DOGE coin is currently consolidating, after a strong up move during may month.
Many alt coins are already preparing for the next round Up. And doge could, as well be doing the same thing.
A breakout could be a treat to us, really.
Might even make new record high.
USDJPY has been setting up for quite some time for the next big move. On the daily we can see that we are in an ABC correction and its just a matter of time before the next impulse down.
Watching for lower timeframe bearish momentum and then jumping in with targets of 300pips as first target.
Goodluck and trade safe!
Putting chart on weekly frame, we can observe a clear trendline from the all time high.
This week's candle will be closing in about 8 hours. If there is a surprise hidden in the box, it may unfold now or later in the upcoming week.
Keep checking. Place your alert.
Well we all know that doge is a meem coin in crypto world/So Doge is forming a bullish patte BITFINEX:DOGEUSD rn in 1Hr's Time frame so i will Long at retest And Chase A Excellent Profit. BITFINEX:DOGEUSD