Dogecoin has been steadily declining for the past few months but is finding support in this area. We are nearing the trendline and a hammer can be seen. I anticipate a 40%+ jump by end of month. I’ll begin to average into this with a mental stop. (My target orders are $.16, $.20, and $.26 based on current pivot resistance levels, with a soft stop loss under $.10). By the way, the crypto fear & greed index is currently showing extreme fear: https://alternative.me/crypto/fear-and-greed-index/

It is possible that this might develop into a diamond bottom pattern where the price broadens, and then narrows before any lasting breakout.

Thanks for your thoughts on this…