I'm waiting for a lower low in the price with lower levels of negative momentum. As well as, a higher low in the RSI at the lower low in price. (I have the upsloping lines already drawn on the MACD and RSI waiting to see what happens). Two good bullish indiactors to enter a trade with. Waning negative momentum on a lower low and bullish divergence.
I compared the current price action to that of the last large upmark in price. Overall trend is within a parabolic move. The time it takes to consolidate before the next leg up decreases at each base.
It feels close to a blow off top but it's hard to tell with DOGE, there may be no ceiling.
I compared the current price action to that of the last large upmark in price. Overall trend is within a parabolic move. The time it takes to consolidate before the next leg up decreases at each base.
It feels close to a blow off top but it's hard to tell with DOGE, there may be no ceiling.