The equilibrium analysis of the 3-hour chart of Dogecoin from two major peaks (December 2024 and January 2025) tells us that the main equilibrium zone of both major trends has been broken in this timeframe and in the medium term the candles will move towards the middle zone of these two major trends... In the medium term the downside targets of 0.10 and 0.07 will be touched... Fundamental news or the game of whales may be able to cause a slight delay in the equilibrium path of the chart, but ultimately the candles will move towards the mentioned downside targets.
Note: Equilibrium analyses look at the chart on a large scale and in a macro way... We may be delayed in reaching the target, but the targets will be touched...
Note: Equilibrium analyses look at the chart on a large scale and in a macro way... We may be delayed in reaching the target, but the targets will be touched...
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.