Dogecoin / Tether USD
Short
Mis à jour

DOGE : RALLY before OR after XMas?

1776
Hi Traders, Investors and Speculators of Charts📈📉

As seen on the chart, I've highlighted some potential signs that will help to determine whether we can expect a rally before the 25th or after the 25th / in 2024 :

- If Doge is getting ready for a rally before the 25th, we can expect to see some higher lows. Currently we're trading lower than we did two weeks ago this time.
- If Doge continues to trade range, it's more likely for another wick towards the lower support zone before we observe a breakout.

snapshot

The price action over the next two weeks will indicate whether or not we can still expect a rally this year, or only next.

For the short term, I'm leaning towards lower price action on DOGE, expecting one more wick towards the lower support :

snapshot

The main reason for my short sentiment, is the clear bearish technical indicator in the short term:
snapshot


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DOGEUSDT DOGEUSD
Note
Trying to "unsquash" the chart,, not sure why it does that upon posting:

snapshot
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DOGE Short term update:

snapshot
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Short term update on DOGE :
snapshot
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Let's see if DOGE can reclaim the weekly moving averages as support:
snapshot
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DOGE short term targets and BUY back zones:
snapshot

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