Dogecoin: It Isn't Over; Final Resistance Will Lead To $1.16
2024-12-08

It isn't over my friend... Why so hurried? Why should it be over? It is growing and set to continue doing so long-term.


➖  Final resistance 

DOGEUSDT (Dogecoin) is facing one final resistance level at $0.47 before a new All-Time High.

It isn't over based on the chart. 

Last week DOGEUSDT closed with a long lower wick on the weekly candle. It moved below $0.39 but closed high up on the session. This week the same pattern is repeating. $0.39 was tested as support but the action is happening at the high of the session. So far we have a bullish hammer.

These candlesticks are telling us that buyers are present and sellers are being bought. These candles are giving us a clear signal, they are saying, "we are about to challenge resistance again... Dogecoin is going up!" 

The same resistance from 18-November that produced a multiple years high price. Since we have all this bullish momentum and this resistance has been challenged once already, next time it is very likely to break. Any trading above $0.39 is hyper-bullish. So if it doesn't break, DOGEUSDT will try again; but sellers are not present. If they are present, they are at a loss.

Maybe you are a seller. You can sell, take profits and go home, but the market is going up. Dogecoin is going up and will continue going up. The chart is saying so, Bitcoin is saying so; I am telling you so...

Thanks a lot for your continued support.


➖  New All-Time High $1.16 

The next main level to look for is $1.16 but this isn't the end, we have higher prices on the deck, there will be more in this bullish wave. These are shown on the chart.

Short-term, also shown, after the $0.47 level is taken out, resistance will be met first at $0.59, but it will break easy, followed by $0.74. This latter one can hold.

As soon as we move above $0.47, we are guaranteed to go beyond $1. Why? Because of Bitcoin. What one does, the rest follows.

Bitcoin moved first and it moved really strong. It grew massively above 74K and is now trading at 100K+. When we compare this to Dogecoin, this means $1 and beyond. The major levels above $1 are $1.85, $2.54 and $3.24...

You are the most amazing creation in the whole world.
There is nothing like you... You have the divine spark which is your Soul.

Namaste.