Dogecoin: Monthly Fractal Mirrors Prior Cycle Breakout
Trader Tardigrade reports that Dogecoin on the monthly chart is repeating its prior cycle fractal of a rounded bottom followed by a falling wedge, with price now pushing out of the wedge for a potentially large continuation.
SourceAnalysis
Dogecoin repeats its monthly fractal of a rounded bottom then falling wedge, the same sequence that preceded the last cycle breakout, according to Trader Tardigrade.
Price currently sits at $0.08 inside the Bollinger Bands with upper resistance at $0.08 and lower support at $0.07. The 4h structure remains bearish as price trades at both the EMA50 and EMA200, yet the MACD has printed a golden cross while RSI(14) holds neutral at 44.83, indicating momentum is shifting without overbought conditions. This confluence points to a measured push toward the upper band before any deeper test of the EMA cluster at $0.08.
Trader Tardigrade
@TATrader_AlanTechnical chartist and crypto content creator focused on Bitcoin and altcoin pattern analysis.