DimaPotts
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DimaPotts
When will the #Dogecoin bull run start? 👀 Historical chart analysis suggests a significant price increase could begin once the red and green lines cross. I don't make the rules. I just make the charts!Follow me on X for more chart ideas! dimapotts36
DimaPotts
Colored #’s = Year type 1 Red = Bear Market 2 Yellow = Accumulation/Sideways 3 Orange = Small Ramp up 4 Green = Bull Market/Top Chart is based on previous cycles within a main parallel channel (within green lines). The Main Channel is separated equally by white lines. Each cycle is within a blue parallel channel. Each parallel channel is exactly the same height. First cycle channel is on the first lower white line. 2nd Cycle channel is on the 2nd white line from the bottom. As we can see every single cycle #DOGECOIN reaches and tops out exactly at the red line (mid point of the cycle channel). The 3rd cycle top hasn't happened yet, but we can project if history repeats it would put #DOGECOIN at $10+. Not financial advice.
DimaPotts
DOGE My Longer term view.🚀 Colored #’s = Year type 1 Red = Bear Market 2 Yellow = Accumulation/Sideways 3 Orange = Small Ramp up 4 Green = Bull Market/Top Colored boxes below indicate cycle type timeframe. #DOGECOIN True Bull Market is next year IMO. Note: Chart readjusted from most recent low put in, now acting as support level. Not financial advice.
DimaPotts
Last cycle dogecoin didn’t begin its parabolic move up until it broke out from the parallel channel on weekly chart. After that we all know what happened.
DimaPotts
Historically doge cycles become bigger and bigger every time. The most entertaining outcome is the most likely.
DimaPotts
Every line lines up. Timing couldn't be any better. Were clearly in a bull market. Will the support lines hold this time, like in previous cycles? I strongly believe they will. Upside potential is huge IMO!
DimaPotts
DimaPotts
More pain ahead before the ultimate target of 100k+
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