Popular fresh meme coin – Dogwifhat
📊 CoinMarketCap Rank: #102
🐦 Twitter (X): 152K followers
💬 Telegram: 50K members
✅ Highly liquid meme coin – traded on many major exchanges, including Binance.
After the hype phase, the coin is now declining along with the overall crypto market—no exceptions. Essentially, it broke below multiple channel supports, and the price is now sitting at the support of the outer channel.
I also notice a non-textbook Head & Shoulders pattern, which suggests a potential -64% breakdown. The last squeeze happened around this level.
Currently, we are seeing consolidation with increased volume, along with high-wick price action in this zone.
I've marked potential downside support zones as well as upside resistance targets on the chart. Consider this in your trading strategy!
📊 CoinMarketCap Rank: #102
🐦 Twitter (X): 152K followers
💬 Telegram: 50K members
✅ Highly liquid meme coin – traded on many major exchanges, including Binance.
After the hype phase, the coin is now declining along with the overall crypto market—no exceptions. Essentially, it broke below multiple channel supports, and the price is now sitting at the support of the outer channel.
I also notice a non-textbook Head & Shoulders pattern, which suggests a potential -64% breakdown. The last squeeze happened around this level.
Currently, we are seeing consolidation with increased volume, along with high-wick price action in this zone.
I've marked potential downside support zones as well as upside resistance targets on the chart. Consider this in your trading strategy!
My Telegram channel:
💬 t.me/KECapital
💬 t.me/KECapital
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My Telegram channel:
💬 t.me/KECapital
💬 t.me/KECapital
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。