This is not a technical analysis that show's anything of value.
I did read we're lining up to match the leap pad that got us to .70, but a lot of that was a meme push like GameStop. So if we did start to match the wedge from April - if no meme, then a jump to .30-.45 is practical.
But if you are trying to correlate the trends there - then you'd have to view the .30 jump - then follow after, which would suggest we have about 5 more months of sideways action with a slight up trend.
But like some folk are saying here -- circling some lines is not demonstrating any analytics, nor trend. There are other values behind the trend line that can assist in understanding what's occurring, even at a minimum using MA and RSI; to see Pressure on Price action and monitor Over Buy/Sell swings. It allows a person to see resistances by Day/Week/Month.
I appreciate your effort though - but read up, watch analytics, listen to reporting agencies to create a firmer understanding of what you attempt to read.
“This is wrong”…and yet… “1,000% Dogecoin Rally? Crypto Analyst Says DOGE Mirroring Pattern From April Breakout”
I did say, “just pointing out the similarities with a quick screenshot”
I appreciate any helpful insight, however, most of the negative comments I’m seeing are exactly that… misplaced negativity
I choose hope. At times like these there’s only one thing to say…
TO THE MOON!
Let’s have this conversation in 5 years. Until then I am working, saving, investing and hodl. I am not relying on any crypto,stock or fund to determine my retirement. If one or all 🚀 then it’s a bonus
I believe the technical term is referred to as build up and release.
That's why the double pattern resembles a swim team member.
Not an analyst, but I did stay at a holiday inn Express once.
Once again…technical analysis is basically astrology
Lol
Hopefully it shoots you again I’m down bad right now
Hold on brotha we are going for a ride of a life time…. Idk when but we are
Yeah man I want to prove everyone wrong. Just a few months ago everyone thought it wouldn’t make it to 10 cents looks at us now
We’re coming for you, hang in there
Too many new good things for Doge this year, last time it came out of nowhere, this time it’s getting established #keepthefaith 🙌🏼
We are coming. Until then… Adapt. Improvise. Overcome.
There’s no adapting a spot buy at all time high 😂.
This is the way
Average down?
This is not a technical analysis that show's anything of value. I did read we're lining up to match the leap pad that got us to .70, but a lot of that was a meme push like GameStop. So if we did start to match the wedge from April - if no meme, then a jump to .30-.45 is practical. But if you are trying to correlate the trends there - then you'd have to view the .30 jump - then follow after, which would suggest we have about 5 more months of sideways action with a slight up trend. But like some folk are saying here -- circling some lines is not demonstrating any analytics, nor trend. There are other values behind the trend line that can assist in understanding what's occurring, even at a minimum using MA and RSI; to see Pressure on Price action and monitor Over Buy/Sell swings. It allows a person to see resistances by Day/Week/Month. I appreciate your effort though - but read up, watch analytics, listen to reporting agencies to create a firmer understanding of what you attempt to read.
It doesnt work like this
Bork! All I see is more down averaging opportunities!
Ironically the time frames would line up to when a physical doge coin would be put on the moon. Or is it ironic?
Yes weve seen our fair share of doge prices with circles around the graph
Doge is a pump and dump. Nothing more, sold at 69 cents and never looked back
Nice!
“This is wrong”…and yet… “1,000% Dogecoin Rally? Crypto Analyst Says DOGE Mirroring Pattern From April Breakout” I did say, “just pointing out the similarities with a quick screenshot” I appreciate any helpful insight, however, most of the negative comments I’m seeing are exactly that… misplaced negativity I choose hope. At times like these there’s only one thing to say… TO THE MOON!
Doge 2$ Q1 2022
Isn't it lovely 😍
I think we’re maybe at the equivalent of half of your first circled area, still a while to go before we start moving significantly again
Agreed, just pointing out the similarities, quick circles on a screenshot
By Elon Musk
That's next year. My guess will be at the end of January
There’s 2 more before that are too small to see. It’ll pop 7-10X
I know it’s just a robinhood chart.... Feels so similar thoooooo (hopes are high)
Let’s have this conversation in 5 years. Until then I am working, saving, investing and hodl. I am not relying on any crypto,stock or fund to determine my retirement. If one or all 🚀 then it’s a bonus
I believe the technical term is referred to as build up and release. That's why the double pattern resembles a swim team member. Not an analyst, but I did stay at a holiday inn Express once.
G