Since December, with each new leg up, DOGE has quintupled (5x) its percentage gain relative to the last leg up.
For example
40%*5 -> 200%
200%*5 -> 1000%
1000%*5 -> 5000% (IF the pattern continues)
Additionally, its consolidation period also seems to be following a pattern of doubling, in addition to following the blue macro cycle/trend line.
12 days to 26 days
26 days to 50 days??
then ~50 days to a ~100 day consolidation period (IF the pattern continues)
This would ultimately mean DOGE would reach upwards of 2.00 USD, IF (big if) it continues to follow the pattern of quintupling % gains relative to the last leg up % gain.
Personally, I am unsure if DOGE will be able to reach that price.
However I do think DOGE could easily set a new ATH this year once alt-season rolls around.
Nevertheless I thought this pattern was interesting to say the least.
For example
40%*5 -> 200%
200%*5 -> 1000%
1000%*5 -> 5000% (IF the pattern continues)
Additionally, its consolidation period also seems to be following a pattern of doubling, in addition to following the blue macro cycle/trend line.
12 days to 26 days
26 days to 50 days??
then ~50 days to a ~100 day consolidation period (IF the pattern continues)
This would ultimately mean DOGE would reach upwards of 2.00 USD, IF (big if) it continues to follow the pattern of quintupling % gains relative to the last leg up % gain.
Personally, I am unsure if DOGE will be able to reach that price.
However I do think DOGE could easily set a new ATH this year once alt-season rolls around.
Nevertheless I thought this pattern was interesting to say the least.
הערה
So I see this idea is getting some traction. As many who read this may be new to cryptocurrency, please take note that this is a pattern, not a prediction. Be careful out there.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.