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DOGEUSDT
Entry 0.2357 2025-08-17 04:52 UTC
Target 0.2870
Fail 0.1880
Risk / Reward 1 : 1
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DOGEUSDT
Pending
Cryptocurrency
Technical
1H
Analysis Predict Bull Market
Body
The analysis tracks an uptrend in DogeCoin from the June low, identifying a potential ending diagonal pattern similar to Solana. The primary focus is on whether DogeCoin can maintain its support levels to sustain an upward trajectory. A five-wave move is potentially unfolding. Wave one is identified, followed by wave two, and the current movement suggests a potential wave three to the upside, potentially reaching 60 to 70 cents plus. There's an identified resistance zone between 0.237 and 0.248. A decisive break below 20 cents should be avoided to maintain the yellow scenario, the formal invalidation point is set at 0.188. The primary objective is to break above the resistance near 0.24, targeting the swing high from July at 0.287.
Principled
Comprehensible
Accurate
Fast Result