I've been hiding in the bushes and watching Dogecoin.
It could continue to limp along and consolidate, but it may be breaking out and looking for continued upside. I don't think the current momentum will allow a big move to the downside. For me, if we touch the ascending trendline that would be healthy and I would look to bounce up from there.
The dashed trend lines on this 1hr chart show another way to potentially draw the triangle.
What do you think about Dogecoin?
Owhooooo!
It could continue to limp along and consolidate, but it may be breaking out and looking for continued upside. I don't think the current momentum will allow a big move to the downside. For me, if we touch the ascending trendline that would be healthy and I would look to bounce up from there.
The dashed trend lines on this 1hr chart show another way to potentially draw the triangle.
What do you think about Dogecoin?
Owhooooo!
Note
Owhooooo!Note
Remember, I'm just a werewolf. So don't financial advice from me. This is just one of many potential outcomes.
Owhooooo!
Note
I'm looking at this harmonic, maybe a Bullish Gartley. Note
I'm still looking at this harmonic. I think it would be perfectly normal and healthy if it plays out.
I've plotted some targets that I would be howling for if we do chase down D.
My whiskers are telling me that D could be anywhere along the .786 range of the XA move.
Owhooooo!
Note
3rd target.Note
Note
Maybe a Gartley like harmonic?
Related publications
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.
Related publications
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.