Dogecoin Cup and Handle Holds A Secret Few Are Seeing
In a market shaken by liquidations and fear, one chart pattern on Dogecoin’s higher time frame continues to whisper a story most traders seem to be missing. According to crypto analyst Cantonese Cat, the monthly DOGE structure still forms the handle of a larger cup-and-handle formation that has been developing since 2021. Dogecoin Cup and Handle Still Targets $2 Despite Friday’s sharp crash across altcoins, the analyst argues there’s “no technical damage.” His chart shows that the handle wick retraced as far as the 0.382 logarithmic Fibonacci level before rebounding to hold the 0.618....
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An analyst on TradingView presented a technical outlook that contrasts with prevailing market sentiment, suggesting that Dogecoin is still forming the cup phase of a cup and handle pattern rather than completing the handle as many believe. This alternative perspective frames the recent price movements not as a retest following a breakout, but as part […]
Dogecoin (DOGE) is potentially forming cup and handle formation on the weekly chart. Crypto analyst David (@david_dogecoin) suggests that, if confirmed, Dogecoin could be targeting an ambitious price target of $4. Dogecoin Cup And Handle Pattern The first stage of this pattern, the cup, began taking shape when Dogecoin initially declined from its May 2021 all time high at $0.74. This downward movement led to an extended consolidation period, where the asset gradually formed a rounded bottom in the $0.05–$0.06 range. The curvature of the price action suggests a slow but steady shift in....
Tesla CEO Elon Musk has confirmed that he still holds Bitcoin, Ethereum, and Dogecoin, and that he doesn’t plan to sell. SpaceX CEO Elon Musk Still Owns And Won’t Sell His Bitcoin, Ethereum, And Dogecoin Holdings Yesterday, the Tesla CEO asked his followers on Twitter about their thoughts on the probable inflation rate over the […]
Billionaire investor and owner of the Dallas Mavericks, Mark Cuban, stunned crypto Twitter by claiming he holds just $500 worth of Dogecoin. The Mavs have what we sold in merch. I personally own $494 worth of DOGE — Mark Cuban (@mcuban) August 15, 2021 Cuban is a significant proponent and vocal supporter of the controversial […]
Dogecoin Price Key Highlights. Dogecoin price continued to trade lower and even created a new low to trade near 50.0 Satoshis. 50.0 Satoshis holds a lot of importance in the near term, and might produce a bounce moving ahead. A break below the stated level could ignite a major downside reaction if sellers gain control. Dogecoin price continued to slide, and even cleared the last low of 51.3 Satoshis to trade towards 50.0 Satoshis. Trend Line Support. There was a new low created this past week in the Dogecoin price at 51.3 Satoshis. However, sellers were in control, which took the price....