Dogecoin
Panjang

DOGE initiated the rally that will reach $1.00

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DOGEUSD is forming a support base straight after it breached but rebounded and closed over the MA200 (1d) on February 3rd.
The pattern throughout this Bull Cycle is a Fibonacci Channel Up and the bottom also took place on the 0.236 Fib which was were the rallies of October 2023 and January 2024 started.

Trading Plan:
1. Buy on the current market price.

Targets:
1. 1.0000 (top of the Channel Up / Fib 1.0).

Tips:
1. The RSI (1d) hit the 30.00 oversold level. This has turned out to be an excellent but entry for Doge long term.

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