my macro view on dogecoin

2021년 8월 24일

ive seen alot of micro view in dogecoin were people area trying to
analyze the day trend and hourly trend if people still doing this
they gonna missed the whole trend.

on the chart were already done with the capitulation phase
and were already in disbelief area of basic market cycle,

what we want to look on dogecoin is this new support level of $0.30
and a flag pattern on that area too, this is a good indication that
the price is about to go up anytime soon and reach the $0.44 level were
the continuation pattern will be trigger, (similar to ada and btc and sol and luna)
if the breakout wont happen and the price consolidate above $0.30 for couple of weeks
then thats good too, it means doge can break beyond $0.50 soon,

if doge will break $0.50 and touch $0.75 it can trigger the bigger cup and handle
or just straight breakout to $1+

on $1 the crucial part is doge need to hold it and consolidate there and soon
will push the $3 mark same as ada and if doge was so strong it can make another swing to
$4 $5 area, similar what happen before from $0.20 to $0.75 swing,

for now lets see whats gonna happen but doge chart is looking great.

i hope this chart helps you to look the marco view, not the micro view.