DOGE is one of the biggest cryptos and supported by Elon Musk.
It seems that DOGE wants make a move after a long period of consolidation in a huge triangle.
I look at the CMF values and see some early sign of a potential break-out triggering a big rally. Although DOGE was stable at a strong support (90% down from ATH), CMF has been increasing since August 2022. Now, CMF value is about to flip to positive values. When this happened in the past, precisely in December 2020, DOGE had made x15.
So I'm buying (DCAing) here and wait for some news from Elon or the community.
How's about you? Do you think that DOGE will be back to its ATH or even better set a new one?
Note
Tiny moves from DOGE, let's wait for the real big one...Note
DOGE has been bouncing from the support. Currently, it is facing the resistance trendline. Breaking point is very near. Will it succeed to break the trendline this time? If yes, a small rally is expected.Note
Breakout confirmed. A strong resistance is broken, DOGE should rise from here, faster than previous weeks/days. Don't forget retest is possible (when BTC corrects)Note
DOGE is 33% up since my first post. I know that everybody wants more, a "GOD candle" (like FTT or at least LUNA), but patience will pay, in my opinion.Note
DOGE is 140% up since entry. Target 1 is very closed. My mid and long-term ones are target 2 & 3.Note
Target 1 done with +150%Note
DOGE made +230% since entry. The next leg up to TP2 would come any time.Trade active
DOGE almost x8 since entry. Second TP done, let wait for the last one
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.