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Technical analysis by TradingShot about Symbol DOGE: Buy recommendation (10/23/2025)

https://finbeet.com/message/3863163
TradingShot
TradingShot
Rank: 89
3.7

DOGE Can it give one more rally?

Message Type:Buy
Price at Publish Time:
$0.19419
Profit Target:
(+69.94%)$0.33
Buy،Technical،TradingShot

Dogecoin (DOGEUSD) has been trading within a Channel Up pattern since March 02 that only broke momentarily to the downside during the October 10 2025 flash crash. Immediately the price recovered and has since been consolidating on the 1W MA100 (red trend-line). The 1W MA100 has price both previous Higher Lows bottoms of the pattern, with both Bearish Legs incredibly declining by the same extent -45.90%. This amazing degree of symmetry is also seen on the pattern's Bullish Legs, with both also registering identical rises of +101.96%, pricing their Higher Highs on their respective 1.136 Fibonacci extensions. As a result, as long as DOGE keeps closing its 1W candles above the 1W MA100, we have strong reasons to expect another +101.96% Bullish Leg targeting 0.33000 (also the 1.136 Fibonacci extension). It is also worth noting that the 1D RSI has been on a Higher Lows Bullish Divergence (against the price's Lower Lows), similar to the first bottom of the Channel Up in early April. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇

Source Message: TradingView