dukeposh

Primary Pattern: A contracting triangle within a larger corrective structure, likely wave 4. Wave Count: A diagonal 5-wave impulse (i–v), followed by a WXY (X2) Z complex correction, suggesting wave 4 is still unfolding, possibly nearing completion. Current Price: $0.83 with volume and SMA ribbon golden crosses showing bullish signal and near completion of accumulation phase. Fibonacci Extension: Targeting diagonal wave 5 at 261.8% extension from the base of wave 1 aligns with the projected target of $1.82, which matches the height of the triangle target. This also coincides with a +180% move from the possible upcoming wave Z or wave 2 —technically ambitious, but plausible if wave 5 kicks off with momentum. Wave 4 Triangle Context: The WXY(X2)Z structure implies a complex sideways correction which is typical of wave 4 behavior 1.6x - 2x wave 2 time extension Key Support: Entry: If X or 1 is nearing completion, and triangle support holds at key support MA20W Fibonacci 61.8%, the breakout into wave 5 could be explosive—especially with diagonal structure suggesting a leading diagonal pattern. SL: Triangle Support is the last liquidity / smart money entry Always trade with affordable risk and respect your stoploss!

Price Action and Chart Pattern Analysis: DOGE cup bottom happened around $0.05 with the rim around $0.48. That gives a depth of roughly $0.42. If the breakout occurs near the rim, the measured move target would be $0.90 zone. This aligns with several analyst projections suggesting DOGE could reach $0.90 to $1.00 if the breakout confirms. Another way to project this cup & handle is the fibonacci-based target. These levels suggest that if DOGE breaks above the handle and sustains momentum, $0.85–$1.00 is a realistic zone for profit-taking at 161.8% and 200% extension as 1-2-3 wave pattern. Reliability of the Cup and Handle Pattern for DOGE The cup and handle is a classic bullish continuation pattern, but when applied to Dogecoin, its reliability depends on several dynamic factors: Strengths of the Pattern in DOGE’s Context Historical Accuracy: DOGE has previously respected technical patterns like rounded bottoms or (THE CUP) and breakout channels (THE HANDLE), especially during alt coin rallies. Current Setup: a well-formed cup and handle on DOGE’s weekly chart, with price rebounding from $0.14 and testing resistance at $0.2 zone which also the key resistance SMA50W and the downtrend channel (the handle) WATCH OUT: still a possible throw-under pattern or a final bear trap liquidity below previous low! Key Action: If breakout confirmed with volume > Follow BUY | if not, wait for retraced SMA20 or breakout support. Always trade with affordable risk and respect your stop...DOGE temporarily facing the selling pressure at 100% fibonacci target, key support at MA200 and fibonacci 61.8% extension

A potential ABC correction - cup with bull flag / flat handle ABC formation which currently retraced 61.8% of the A/1 wave with a possible a.4-a.5 stop hunt ending diagonal for a second false breakdown. Entry Position: Once price successfully recovered from the false breakdown support zone which could be a few attempts since wave 4 often a complex triangle. Indicator support: RSI bullish divergence in TFD confirmation of the a.5 wave. Target Position: TP1 @ 161.8% and TP2 @ 200% Fibonacci extension +200%! Invalidation: Below the lowest price position. Always trade with affordable risk and respect your stop, Good LuckThe price hit the 1st target fibonacci 161.8% @ $1.015 (+150+%), the previous liquidity zone wave a.5 stop hunt gone below the key support $0.4+ as far as $0.33 before rebounded.

A potential ABC - Cup pattern formation scenario TFW - current multiple falsebreak below 161.8% extension - a sideway / sideway down movement implication > RSI convergence signal supporting wave 3 status > Projecting wave 4 at rounding cup support level, possible 20 week moving average and 100% fibonacci support zone. > Targeting wave 5 at 361.8% fibonacci extension of A wave at the key liquidity resistance level + 120% profit. Always trade with affordable risk and respect your stoploss Goodluck

This TFW wave analysis in this scenario of a 5 wave expanding diagonal structure: w.1 - completed Dec 2017 w.2 - declined @ 78.6% of w.1 w.3 - an impulse 5 wave @ extension 361.8% of w.1. w.4 - also @ 78.6% of w.3 ABC structure (alt count 1-2-3-4-5) overlapped w.1 zone by 10%+/-. w.5 - currently preferable ABC or 123 structure with a complex w.B/2 wave correction @ 38.2% (B wave is often complex pattern) of w.A/1. The impulse move of the current wave c.3 now extended above fibonanci 261.8% of w.a and sustaining at above level 65K USD The current price movement could be entering liquidity zone approaching the major upper trend/channel resistance and the next fibonanci wave C/3 target at 361.8% around 75-80K. Supported Indicator: weekly RSI @ 90 the highest level with convergence value - a possible higher price with a bearish divergence confirm the next move for a trend signal for reversal/decline. Bearish count scenario - daily price movement possible ABCDE triangle - minor 4-wave for a short-term correction resulted in a lower price of minor 4-wave. Always affordable risk and respect your stop.Update bullish scenario in more detail TF4H a running triangle correction in 4-wave new target 85K zone as triangle target

A possible 1-2-3 bullish pattern with an inverted h&s breakout Target: 162% Fibonacci extension - wma200 week +90% Entry: breakout retest wma20w SL: week low position (week candle wick) -20% RRR: 4:1

An inverted head & shoulders breakout in weekly timeframe, possible ABC wave pattern Entry pullback trade position retracing at the inv. h&s neckline support - SMA20W TP1 - 161.8% extension +70% @ downtrend triangle resistance TP2 - 261.8% SL - B wave lowest position RRR: 3:1

A possible pullback for a long position at the key falling wedge breakout the price also now at the key weekly support EMA50W with bullish pinbar. If successfully takes out the previous high at fibonacci 100% extension, the next target 1-2-3 pattern at 161.8% and 261.8% level +75% and +130%+ weekly MACD: doubled bullish divergence at the pivot point, golden crossed and above baseline supporting the uptrend continuation when retesting the baseline.TP2 reached and extended further to 362% zone

Price action and chart pattern trading signal A potential bullish Cup&Handle with ABC correction wave pattern moving within a bull flag downtrend channel, retraced -61.8% of uptrend diagonal wave and rebounded now testing wma200 resistance. An upcoming bullish divergence is possible to support wave 5 of c leg, if breakout 200ma successfully, Entry: bull flag breakout wma50 zone Target: 161.8% - 200% Cup bottom shape retracement +50 - 75% upside SL: below bull flag - 15% RRR: 3:1 Always trade with affordable risk and respect your stoploss.

Wave Analysis - weekly timeframe with a possible ABC correction wave > Target: Fibonacci retracement 61.8 - 78.6% +30% upside > Entry: TFD Falling downtrend channel breakout Key support: WMA20W - target correction zone Indicator: RSI Week - overbought but still no signs of divergenceA possible strong B wave extended 127-162% of A wave