The crypto -analyst, a graphic guy (@chartingguy), released a warning note about Dogecoin, suggesting that he will sell a memony if certain levels of Fibonacci recovery will not break in the coming months. His statement arrives at a time when Dogecoin (Doge) is traded about $ 0.20, according to the total weekly TradingView diagram, demonstrating the cool -14.94% weekly changes.
When to sell Dogecoin?
In the attached diagram, a series of key repeated Fibonacci enterprises operates from 0.0 to 1.618 at about $ 4.13. Estimated lines include 0.382 FIB about $ 0.1397, 0.50 FIB just above $ 0.1997 (almost the current price), $ 0.702 FIB about $ 0.702, $ 0.786 FIB about 0.786 FIB about 0.43 USS and 1.0 Fib about 0.76 Dol. USA.
The guy in the chart emphasizes that if the DOG “returns and applies 0.702 or 0.786 FIB over the next few months and cannot break it”, he plans to “sell the majority, if not the whole bag”. He adds that his personal thesis requires the main peak at the end of April or early May, regardless of whether the prices of 0.30, 0.40 dollars or even $ 1.00 reach prices.
“Yes, this deprives my DOGE bull -free charts, but I was going to sell, whether at the level of $ 0.30 or $ 1 at the end of April,” Garting said. He also emphasizes the “key low”, potentially landed in March 2026, repeating that he “cannot come up with this”.
Part of this analysis includes the potential repetition of the fact that Tony “Bull” Severino (@tonythebullbtc) calls “XRP 2021 FRACTAL”, where the XRP remained largely, and could not be push to new higher indicators during a specific cycle.
According to Severino, “Dogecoin continues to follow the FRACTAL XRP 2021”. Initially, he spent parallels in October last year, warning that the dog could “pull XRP in this cycle”, showing how the XRP is traded almost in the side at a similar point in its market cycle.
Nevertheless, the analyst Sun (@sufire1126) does not agree, claiming that the Dogecoin movement does not specifically imitate XRP. The Sun notes that “most coins have made this move to this day,” and quotes other altcoins, such as ADA and HBAR, which both stopped around the recovery of 0.618 fibonacci or below
The guy’s schedule replied that he remains “open to the idea that it will break” above, but is equally open to “other refusal”. If the price has failed at $ 0.33 (0.702 FIB) or $ 0.43 (0.786 FIB) by the end of April, it confirms its plan to enter the market.
When one user suggested that he became directly bear, the guy in the chart explained: “No, if you learned to read, I plan to sell the end of April, whether this scenario is played out, and he reaches only 0.30 USA/0.40 dollars, or my bull scenarios are played out, and he reaches a high high level.”
The shift in the tone from the guy with the schedule is especially noticeable, since only two months ago he remained largely optimistic on the dog. In early January, he allocated a wick of up to $ 0.26 – 0.618 FIB – calling it the perfect opportunity to buy.
At that time, he believed that DOG would not return to this zone and was “finally ready” to the next stage, with 1 dollar as a “minimum target” and $ 4 as the highest. Since then, however, DOGE has stopped to $ 0.30, and the guy in the chart now leans to the obstacles of Fibonacci – $ 0.33 and $ 0.43 – as decisive factors of whether he will come to his position by the end of April or early May.
During the press, the dog traded at 0.20 dollars.
