According to Trader Tardigrade (@TATrader_Alan), the Dogecoin weekly chart displays a significant Ascending Broadening Wedge pattern, with key touch points at A, B, C, D, E, and F. The analysis indicates that if Dogecoin breaks upward to the level marked by point E, this move would confirm the bullish pattern and establish a trading target at $3.8. This technical setup is relevant for traders as such chart formations often signal major price moves and could attract increased trading volume and volatility in the crypto market. Source: Trader Tardigrade on Twitter.

According to Trader Tardigrade, Dogecoin ($DOGE) is currently mirroring its macro chart pattern from the 2014-2018 cycle, as highlighted in their latest technical analysis on Twitter (source: Trader Tardigrade, May 15, 2025). This historical price pattern repetition is important for traders because previous cycles led to significant volatility and major price movements. Traders should closely monitor $DOGE for potential breakout signals and increased trading volumes, as similar chart structures in the past have preceded large rallies and corrections. The historical chart pattern analysis can inform entry and exit strategies for both short-term and long-term positions in the cryptocurrency market.