Looking at the monthly chart we can see Dogecoin is having a significant rally while our RCI indicator is flashing a very bullish fractal pattern
For the first time since May 2020, our red line is soaring above the green, after an initial rejection (see the squares for reference)
what this tells me is 2 things:
1. Dogecoin is getting ready for its next major run
2. A major move is coming in about ~245 days (June - July 2024)
The last time our RCI repeated the pattern highlighted by the green circle, Dogecoin rallied by 1500%, if such a rally unfolded again in the next 245 days from today, Dogecoin would hit $1 & surpass its previous all time high
Stay tuned, we are just getting started on Dogecoin's next major bull run!!!
For the first time since May 2020, our red line is soaring above the green, after an initial rejection (see the squares for reference)
what this tells me is 2 things:
1. Dogecoin is getting ready for its next major run
2. A major move is coming in about ~245 days (June - July 2024)
The last time our RCI repeated the pattern highlighted by the green circle, Dogecoin rallied by 1500%, if such a rally unfolded again in the next 245 days from today, Dogecoin would hit $1 & surpass its previous all time high
Stay tuned, we are just getting started on Dogecoin's next major bull run!!!