Spring '21 Resistance Halts DOGE, Retracement Coming??

2024年11月12日

Here I have DOGEUSD on the Weekly Chart!

Last week DOGEUSD jumped .15 cents or roughly 102% following the final voting count electing Donald Trump the next President of the USA. Along his campaign, we saw a very heavy Pro-Crypto agenda along with the on-boarding of Elon Musk, known for his interest in DOGEUSD possibly being given a position running a "Department Of Government Efficiency".

Price on DOGEUSD after breaking the Aug - Oct '21 Highs has halted right at the Apr - May '21 Resistance. Now with all the speculations coming out about the imminent RISE of price, where is a good place to start investing before the boom?!?!

Based off the High @ .4398 to the Low @ .0805, just before the Break of Structure, We are given some Fibonacci Levels that align with Potential Buying Opportunities if Price needs Support to continue Higher to the All Time High @ .7605.

*Aug / Oct '21 Highs
.3550 - .3025
23.6% - 38.2%

*Mar / Apr '24 Highs
.2290 - .2067

*Golden Zone
.2178
61.8%

2024年11月18日

註釋

DOGEUSD is beginning to form what looks to be a Descending Triangle Pattern with Lower Highs into Equal Lows! Watch for potential break to the downside to Lower Prices!!