$BTC seeing the correction movement carried out by btc I am sure altcoin will also be affected
we have seen an extraordinary impulsive reaction when #dogecoin breaks the falling wedge pattern that has formed since March 2024
apart from #Doge always been assisted and guarded by #elonmusk lately. but we do not focus on that. we focus on what the doge chart is doing
doge has reached the upper target of the Falling wedge. traders and holders who bought dogecoin at a price of 0.08-0.09 have definitely taken advantage of the spike that occurred in dogecoin
the chart below has certain levels that must be considered in the current pullback.
there is a fair value gap created around the price of 0.11-0.22
at that level is the most likely to be visited by dogecoin for its correction this time.
falling wedge has been reached. will dogecoin give a new pattern?
in my opinion "yes" the possibility that will happen is doge will form a head & shoulder pattern or form a new falling wedge. based on the historical chart in October 2020
do you have the same view?
if not please issue your analysis in the comments column and the reasons.
I have made a short entry from a price of 0.17 target 0.122 / 0.11
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