My God... Dogecoin has been going down now for more than 4 months. I feel you, when is this pair going up?
The wait is over.
The candle from March 10 ended as a Dragonfly Doji, a strong reversal signal.
It is also showing a -9 on the TD Sequential, the only time we see this and soon after prices start to grow.
The RSI also went down to hit oversold and is now trending up.
The longer the correction takes, the stronger the rebound on the way up.
The wait is over for DOGEUSDT (Dogecoin), from what I see.
The next target for this wave can happen at $0.2397, a nice 229% potential for growth from today's current price.
That's huge potential and it can happen within weeks, maximum 2 months.
NOTE
Invalidation can happen, things can change.
Even though the probabilities favor the bulls; The chart signals favor the bulls; The fundamentals favor the bulls;
Things can change.
If prices move to $0.04908 and close below this level you can say that this chart doesn't work anymore...
But even if this were to happen, after we go down, then we go up...
That's the beauty of this market. The long-term trajectory is up.
With spot trading, mistakes can turn into long-term wait and thus patience can work even for somehow who knows nothing about crypto, trading or reading charts.
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