Dogecoin: Wyckoff Phase D Begins on Daily Chart
Dogecoin at $0.09 advances into Wyckoff Phase D after Spring completion, positioning for markup with neutral RSI and death cross on 4h.
SourceAnalysis
Dogecoin has finished the Spring and stepped into Phase D of textbook Wyckoff Accumulation on the daily, according to trader @TATrader_Alan. The sequence shows Phase A support and climax complete, Phase B cause-building done, and Phase C Spring now behind, leaving Phase D resistance reclamation underway before Phase E markup.
At the current $0.09 print, DOGE price prediction models must weigh the 4h confluence where price rests exactly on both EMA50 and EMA200 at $0.09 while RSI(14) holds neutral at 49.71 and MACD prints a bearish death cross at zero; Bollinger Bands keep price inside the range with upper resistance and lower support both at $0.09, pointing to a measured test of the upper band before any decisive continuation.
Trader Tardigrade
@TATrader_AlanTechnical chartist and crypto content creator focused on Bitcoin and altcoin pattern analysis.