Here we have a box.
With it comes goals Doge must achieve.
1 - Break downwards trendline.
2 - Consolidate in box(lower half/purple)
3 - break halfway point
4 - consolidate in top half of box
5 - break out of box
Here is what the objective would look like based off the -64% dip in April.
A law that DOGE follows is a simple one.
When we grow, the boxes double; this includes time.
The last box phase in April took around 11 days.
Expect this one to last twice as long; 22 days.
-WARNING-
Doge needs to complete objective number 1 first though.
If not, we might be on our way to the 200 daily EMA.
There's a lot more to discuss but for now,
let's see what happens!
With it comes goals Doge must achieve.
1 - Break downwards trendline.
2 - Consolidate in box(lower half/purple)
3 - break halfway point
4 - consolidate in top half of box
5 - break out of box
Here is what the objective would look like based off the -64% dip in April.
A law that DOGE follows is a simple one.
When we grow, the boxes double; this includes time.
The last box phase in April took around 11 days.
Expect this one to last twice as long; 22 days.
-WARNING-
Doge needs to complete objective number 1 first though.
If not, we might be on our way to the 200 daily EMA.
There's a lot more to discuss but for now,
let's see what happens!
Comment:
Doge couldn't complete the box phase, so down to the 200 daily ema it goes! Time for a new chart yall
expect resistance at the middle mark, possibly reaching .436 again IF it breaks out