Technical analysis by fahad924 about Symbol DOGE: Buy recommendation (2/2/2025)

Key Stages:Shakeout: Represents a liquidation stage or strong selling pressure to push out weak traders before a strong upward move begins.Creek: A sloping resistance line that represents an obstacle to price action, often broken at the start of a new uptrend.AR (Automatic Rally): Automatic price rise after strong selling pressure.BS (Back-up to Support): Price returns to test a major support level after rising.2ND: Signal of a second bottom, which may indicate the formation of a bullish reversal pattern.Important Price Levels: There are horizontal support and resistance levels such as: 0.0550, 0.1526, 0.2312, and 0.4577. The 0.4577 level appears to be a crucial resistance level, as a breakout is expected to yield significant gains.Expected Future Moves: There is a light green shaded area indicating a strong uptrend similar to the previous rally. Expected price target is around $2.0615 with an estimated upside of 758.77%. Expected Downside: There is a red shaded area indicating a possible price correction of -48.35% before the bullish breakout. Price and Time Analysis: This analysis is based on a historical pattern that is expected to repeat with the current price action. The date is shown at the bottom of the chart until 2028, which indicates a long-term analysis.