Este artículo también está disponible en estñol.
Crypto Analyst Charting Guy (ChartingGuy) has issued a warning note on Dogecoin, indicating that he will sell the M -currency if some levels of Fibonacci’s re -imitation fail in the coming months. Its statement is at a time when Dogoin (DOGE) is traded at about $ 0.20, according to the joint weekly plan on TradingView, indicating a weekly change of 144 %.
When do you sell Dogecoin?
In the attached chart, a series of main fibonacci recovers is run from 0.0 to 1.618 at about $ 4.13. The outstanding lines include 0.382 FIB about $ 0.1397, 0.50 FIB slightly higher than $ 0.1997 (near the current price), 0.618 FIB near 0.2677 dollars, 0.702 FIB about $ 0.33, 0.786 FIB around $ 0.43, and 1.0 fibers near $ 0.76.
Draw Pressure That if Dog “is” hit 0.702 or 0.786 FIB within the next few months and cannot break it, “he plans to” sell the majority if not every bag. ” He adds that his personal thesis calls for a major summit in late April or early May, regardless of whether the prices are $ 0.30, $ 0.40 or even $ 1.00.
“Yes, this nullifies my bullish bulls, but I was going to sell if it was $ 0.30 or $ 1 in late April,” note Charting Guy. It also highlights “Low Low” that is likely to land in March 2026, repeating that “he cannot do it.”
Related reading
Part of this analysis includes a possible repetition of what Tony “The Bull” Severino (Tonythebullbtc) is called “XRP 2021”, where XRP remained largely linked and failed to push to the highest levels ever during the specified cycle stage.
According to Seifero, “Dogecoin continues to follow XRP 2021 fractures.” He originally connected the similarities last October, as Dog may “may withdraw this course”, showing how XRP was largely trading in a large point in a similar point in the market cycle.
However, the SUN analyst (@Sunfire1126) does not agree, on the pretext that the Dogecoin movement does not specifically simulate XRP. Sun notes that “most currencies have made this step yet,” and they cite other Altcoins cells like ADA and HBAR, which stopped around a 0.618 Vibonacci alternative or less
Related reading
The man answered the drawing that he is still “open to the idea of” higher “but openly open with” another rejection “. If the price fails at $ 0.33 (0.702 FIB) or $ 0.43 (0.786 FIB) by late April, he confirms his plan to get out of the market.
When a user suggested that he turned into an explicit decline, the man’s drawing explained: “No, if I learn to read, I plan to sell the end of April whether this scenario plays and gets only $ 0.30/0.40 dollars, or whether my bullish scenario plays and makes a high rise.”
The shift in the dialect of the graph is particularly noticeable, as just two months ago remained a large extent on Dog. In early January, he highlighted the wick to $ 0.26 – 0.618 FIB – it is called an ideal purchase opportunity.
At that time, it was believed that Dog would avoid reconsideration of that area and was “finally ready” in the next stage, with $ 1 as a “lower goal” and 4 dollars as higher. However, since then, Dog has stopped to less than $ 0.30, and the man’s drawing is now tending to Vibonacci obstacles – $ 0.33 and $ 0.43 – as decisive factors about whether he will get out of his position by late April or early May.
At the time of the press, Dog was traded at $ 0.20.
Distinctive image created with Dall.e, Chart from TradingView.com
