CUP & Handle type formation on DOGE, really believe this can run to $2 during alt season which has just started firing its engines ...
BTC.D finally looks toppy.
📈 1. Technical breakout & chart patterns
DOGE has recently broken out of a long-term descending channel, forming a classic double-bottom pattern—a strong reversal signal.
It also cleared the key $0.20–$0.21 resistance zone, with on‑chain data pointing to rising futures/open interest and reduced sell pressure
⚖️ 2. Macro & regulatory tailwinds
The passage of the Genius Act in the U.S. House brought “clear‑cut regulation” for crypto, boosting confidence and driving DOGE higher—rising ~8% on the news
Broader crypto bull sentiment—fueled by possible Fed rate cuts and favorable legislation—has pushed altcoins like DOGE ahead this week
🧠 3. On‑chain & investor activity
Charts show increasing futures & spot trading volumes, along with expanding whale activity and holders staying profitable—collectively suggesting strong demand and low sell pressure
Network usage is also up: wallet interactions and momentum have accelerated as DOGE crosses these technical thresholds
💬 4. Community & utility factors
Dogecoin maintains a vibrant community, boating meme-driven social capital, plus occasional celebrity mentions (e.g., Elon Musk), keeping public attention
Its growing real-world usage in tipping, payments (e.g., Shopify, AMC, Tesla merch), and even institutional products—like the Grayscale Dogecoin Trust—adds fundamental backing
BTC.D finally looks toppy.
📈 1. Technical breakout & chart patterns
DOGE has recently broken out of a long-term descending channel, forming a classic double-bottom pattern—a strong reversal signal.
It also cleared the key $0.20–$0.21 resistance zone, with on‑chain data pointing to rising futures/open interest and reduced sell pressure
⚖️ 2. Macro & regulatory tailwinds
The passage of the Genius Act in the U.S. House brought “clear‑cut regulation” for crypto, boosting confidence and driving DOGE higher—rising ~8% on the news
Broader crypto bull sentiment—fueled by possible Fed rate cuts and favorable legislation—has pushed altcoins like DOGE ahead this week
🧠 3. On‑chain & investor activity
Charts show increasing futures & spot trading volumes, along with expanding whale activity and holders staying profitable—collectively suggesting strong demand and low sell pressure
Network usage is also up: wallet interactions and momentum have accelerated as DOGE crosses these technical thresholds
💬 4. Community & utility factors
Dogecoin maintains a vibrant community, boating meme-driven social capital, plus occasional celebrity mentions (e.g., Elon Musk), keeping public attention
Its growing real-world usage in tipping, payments (e.g., Shopify, AMC, Tesla merch), and even institutional products—like the Grayscale Dogecoin Trust—adds fundamental backing
*Not Financial Advice*
*Only Risk What You Can Afford To Lose*
*Just Ideas, Not Investment Advice*
t.me/AndyDTrades
x.com/AndyDTrades
*Trade At Your Own Risk*
*Only Risk What You Can Afford To Lose*
*Just Ideas, Not Investment Advice*
t.me/AndyDTrades
x.com/AndyDTrades
*Trade At Your Own Risk*
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.
*Not Financial Advice*
*Only Risk What You Can Afford To Lose*
*Just Ideas, Not Investment Advice*
t.me/AndyDTrades
x.com/AndyDTrades
*Trade At Your Own Risk*
*Only Risk What You Can Afford To Lose*
*Just Ideas, Not Investment Advice*
t.me/AndyDTrades
x.com/AndyDTrades
*Trade At Your Own Risk*
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.