Around 4 months ago I made an analysis on DOGE where I wrote that I expected DOGE to sell-off much further. $0.05 to $0.03 were my bearish targets. Congratulations if you took the trade.
As of now, we've indeed bounced off the $0.05 support area. This area functioned as a spring for DOGE's final rally, so it was to be expected that buyers were waiting for that area to be reached.
My long-term outlook is still bearish. However, after >1 year of selling off, I think we're due some kind of bounce.
My target is the top resistance of the bearish channel.
Great analysis, but not all patterns are shown. No questions about the forecast as a whole, but the patterns are visually not enough for a complete view.