Click chart above to see the detailed analysis👆🏻
Although Dogecoin already rallied more than +350% after breaking out of the triangle pattern, this still just seems to be the beginning of the next major bullrun. A conservative approach would indicate a +9.000% rally, but the first primary target is still the previous all time high.
Click chart above to see the detailed analysis👆🏻
Tomorrow we will finally see the monthly candle closing on Dogecoin and this breakout move of +160% is simply an indication that we will see a lot more upside. Just look at the previous cycles - they all started with a major breakout and ended with many more green candles over the following months.
Click chart above to see the detailed analysis👆🏻
It was actually quite expected that we see some short term profit taking on Dogecoin after the incredible rally of +400% over the past couple of weeks. Just look at what happened back in 2017 - we saw the first pump, then a consolidation and profit taking phase before we saw the finaly blow towards the upside.
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Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.