dogecoin

#Dogecoin #DOGE #DOGEUSDT #Altcoins

Join me in this analysis as we look at Dogecoin on the weekly timeframe, let's go deep into this chart and also the altcoins market.

There is something about counting the weeks. It is a strange phenomena but it works as a guide.

Not many projects close more than four consecutive weeks red. In this chart DOGEUSDT closed more than four weeks red only once, and this chart has more than two years worth of data.

The only time DOGE closed five weeks red there was a strong reversal on the sixth.

Within a down move, there can be additional bearish action after four weeks close red but it is always very close to the reversal point. After the sustained bearish action becomes actualize, the market turns.

This is the situation we are in now. Four weeks already closed red and everything is very similar to August 2024.

DOGEUSDT started to decline March 2024. Reaching the end of this decline, first a little bit of bullish action, which is equivalent to the green week we see here late-December/early January. Then the consecutive red weeks and the reversal starts to form.

Caution around these levels because there is always some sort of shakeout, liquidity hunt or flush.

Dogecoin is now trading within a good "entry zone." Bottom prices with support shown as a rising trendline and also the October 2025 flush low.

Two things to consider: This chart shows a reversal can happen within 2 weeks counting this week. So the current active candle and then the next candle. This is based on past action and the size and duration of the bearish wave. So we are very close to a reversal but here anything can happen.

A spot trader, investor, can buy as much as he/she wants without a care in the world. You can't go wrong when prices are this low. Even if the market were to move lower, it would only be a momentary drop.

Second, the next move is not expected to last a long time. While we expect bullish action, the fact that Bitcoin will turn extremely bearish later on, the most bearish since 2022, calls for caution. After this bearish period though we can go all-in with full force.

This is to say that it would be wise to prepare and plan for selling at the appearance of the next bullish wave. As soon as prices are high, excitement is present across the market, there is lots of hype and the sentiment turns from fear to greed, that's the moment to take profits. We will then have several months to enter again when prices are low.

Any type of bullish action will be short-lived, lasting 1-2 months at most. Then we get the bearish climax, months of bearish action, Bitcoin's bottom, consolidation at bottom prices followed by a recovery.

If Bitcoin were to move now suddenly below $70,000 and wick at $60,000 then things can change. A bullish period can last not only 1-2 months, but 2-4 months; we adapt to market conditions depending on what is happening today.

We use the past as a guide but the action is never truly the same. It is similar, but as the market grows, the patterns continue to change.

When the futures trading got started this changed the whole dynamic the market used to go through, all the patterns were distorted. Then we saw the ETFs and again, huge change. Now we have the options trading and this also is making hard to predict exact dates. With each new addition, we have to adapt to new possibilities and we are open to everything.

Let's say 1-2 weeks at most, can be more but this is my prediction right now. We go bullish and this bullish wave can be mild or strong, never small because of the size, strength and duration of the bearish cycle.

Then this bullish move being strong also will support the major crash that follows. Those projects/pairs that are set to remain within higher lows will grow really high. Those pairs that are set to crash bad will perform poorly. There will be countless of choices, it will be mixed. Choose wisely.

Namaste.

✅ Trade here on $DOGE

If you want a $4 gift, enter my account on the first pinned post, and congratulations to everyone! ✅ In the world of cryptocurrencies, meme coins like Dogecoin, Shiba Inu, and even the newcomer Pepe continue to attract the attention of both investors and speculators. As Pepe's popularity grows, many are asking: Can this coin ever reach a price of $1? 💹

$DOGE
Join me in this analysis as we look at Dogecoin on the weekly timeframe, let's dive into this chart as well as the altcoin market.

There's something about counting weeks. It's a strange phenomenon but it serves as a guide.
There aren't many projects that close more than four consecutive weeks in red. On this chart, DOGEUSDT has only closed more than four weeks in red once, and this chart contains over two years of data.

Commentary on Musk Moon has failed, as DOGE struggles to hold 0.10💲
The price #Dogecoin is currently trading around 0.1081💲 after recovering from a session low of 0.094💲 - the lowest level since mid-2024. This rise is occurring despite Elon Musk reviving the narrative of the lunar Dogecoin on X - a catalyst that in previous cycles could have triggered double-digit rallies, but is now barely perceived, as the meme coin remains stuck in a descending channel.