Don't rush to push Dogecoin ($DOGE) to $1, traders, take it easy!

Today I need to remind you that there are some things to be cautious about in trading.

Look at this chart, it clearly tells you when the coin will rise, let me explain it to you.

Dogecoin is currently facing resistance at $0.18 (red line) and trend line resistance (white line); when these two intersect, we call it resistance convergence.

Want to know when Dogecoin can rise? Simple, it first needs to close above the resistance price on the weekly chart and break through the trend line, then test the current support convergence and hold (stay stable for a few weeks), then you will see $1.

If someone tells you this has happened in 2021, 2022, and 2023, which indicators crossed, what happened, and then it surged by 100%, so it will be the same in 2024 and will rise again. You need to know that this person doesn't understand trading at all.

Trading is all about confirmation; that is, X must happen before you can predict Y will happen.

Trading is not about who shouts the earliest, but about avoiding shouting wrong.

The chart will tell you when Dogecoin will rise.

Telling people what they want to hear will quickly boost your followers. But showing them the real chart is not that easy.

#YouAskIMeet

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