Technical analysis by Yaroslav_Krasko about Symbol DOGE: Buy recommendation (12/23/2024)

The chart showcases the Veselka system, which I’ve finally brought to completion. This system helps identify the specific phase of the cycle the cryptocurrency market is currently in. Take note that this system is demonstrated on the chart of one of the oldest altcoins — Dogecoin, whose history dates back to early 2014. As you can see, when the "Are you ready?" phase began, there was a very strong and rapid growth not only in Bitcoin’s chart but also in altcoin charts. In fact, this was the main growth phase for all coins — a very fast and explosive rally often referred to as altseason. If we trust this system and several other models, everything is still going according to plan, and we are currently in this phase, still relatively at the beginning.