Dogecoin Analysis==>>Bat Harmonic Pattern!!!

2024年10月17日

Today, I want to analyze the Dogecoin(DOGE) project for you.

On-chain analysis shows that Dogecoin has seen rising active addresses and transaction volumes, reflecting growing adoption. While Dogecoin has faced price volatility, investors remain optimistic about its future as a lightweight and fast transactional currency.


Regarding Technical Analysis, Dogecoin is moving near the upper line of the symmetrical triangle, Potential Reversal Zone (PRZ), Resistance lines and 200_SMA(Daily). So, Dogecoin faces some resistance.

Also, Dogecoin(DOGE) was able to make a Bearish Bat Harmonic Pattern.

I expect Dogecoin will fall to $0.119(at least/-10%).

Dogecoin Analyze ( DOGEUSDT ), Daily time frame⏰.

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Do not forget to put Stop loss for your positions (For every position you want to open).

Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.

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2024年10月18日

交易結束：達到停損點

The price of Dogecoin (DOGE) has surged by 9%, surpassing $0.13, marking its highest level in 11 weeks. This increase came after Elon Musk’s public remarks during a speech in Pennsylvania. In response to a question about the possibility of leading a new department in Donald Trump's potential government, Musk replied with, "Yeah, DOGE," which drew a positive reaction from the audience. This is not the first time Musk’s comments have boosted Dogecoin’s price. He previously hinted at the possibility of accepting Dogecoin for Tesla, which also led to a rise in the price of this memecoin.