Dogecoin: Falling Wedge Mirrors 2017 Cycle
Dogecoin monthly chart completes 2021-2026 sequence at $0.07 with falling wedge compression, echoing prior bull runs into 2026-2030.
SourceAnalysis
Dogecoin monthly chart traces the identical sequence from 2014-2017 and 2021-2026, landing in final falling wedge compression before the yellow arrow bull phase.
Traders note every prior compression resolved into multi-year surges, positioning 2026-2030 for the next leg if history repeats.
Price sits at $0.07 inside Bollinger bands with EMA50 at $0.07 acting as immediate support and EMA200 at $0.08 as resistance; RSI at 39.96 shows neutral momentum while MACD death cross keeps the 4h structure bearish, suggesting any wedge breakout must first clear upper band resistance before sustained upside.
Trader Tardigrade
@TATrader_AlanTechnical chartist and crypto content creator focused on Bitcoin and altcoin pattern analysis.