As the deathcrosss occured on 8th mauy for poklaDOT ..
It still managed to fall in a wedge and not in a bubble which acc to me is a dead bearsih and red bullish signal
Also the bolklingers are going goood
So its one of the stocksi'll say to watch outt for this week
According to current trend doge will trend sideways o sometime at the 35-36 cents are .
But as we have seen in the past whenever doge remains in a sideways pattern for long time ,it expericences a sudden rise or fall .
So taking tthe current situation SNL and the elon musk hype ; fibs suggeets that it can shoot .38$ mark eassilyy
And if it continues to do so...
The 5 day recovery ..! Yes the five day recovery is waht has been seen multiple times whenever it flows in a horizontal chanel .
IF if continues to do the same within a 2 day period from now a sudden spike is expected in the stock and i recommend to sell at that time ,thats what most of people are going to do creating a bearish trend .
One thing is for obvoius ...
Just like the past trend ,where we can see the 2day or 1-19h period bit recovers from the losss and so it will this time ..
So lets see...
if it gets the 57 mark again we can expect some bubbles and stuff
As you can see my fibs didnt disappointed me previously (marked in purple) ,im sure they wont even now .45 and .47 can definately be the next peak .
It will follow a chanegl/wedge for sometime as it did previously when the peaks were reached the bottoom (purple) support line will play imp role.
I suggest that u set a alert on that if it breaks a purple line then...