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DOGEUSDT
Short Entry 0.1386 2025-12-13 21:15 UTC
Target 0.0600 Fail 0.2500
Risk/Reward 1 : 1
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DOGEUSDT
Cryptocurrency
Technical
1H
Analysis Predict Bear Market
The analysis highlights a significant 'red arrow' signal on Bitcoin's 4-day SuperGuppy indicator. Historically, this signal has appeared at critical junctures, marking either the start or the end of a bear market. For instance, the last red arrow in 2022 marked the end of the bear market, while the first one in February 2022 signaled its beginning. In contrast, years like 2017 and 2021 saw no red arrows, indicating prolonged bullish phases. The present red arrow on Bitcoin's 4-day chart suggests the bear market is currently well underway. Based on historical patterns from 2018 and 2022, which exhibited similar red arrow formations, a relief rally is anticipated for Bitcoin. This relief rally is projected to last approximately 30 to 40 days from the current 4-day candle (December 11th), potentially peaking in mid to late January around the 105,000 USD level. A decline below 85,000 USD would invalidate this short-term bullish outlook. For Dogecoin, the analysis draws parallels to Bitcoin's behavior. It is predicted that Dogecoin will eventually descend to the 0.05 to 0.07 USD range within the next ten months. This long-term bearish target could be reached either directly or after an initial relief rally to higher levels, potentially around 0.25 USD, before retracing downwards. If Dogecoin sustains above 0.25 USD, this bearish outlook would be invalidated. The 5-day Stoch RSI for Bitcoin is also noted to be curling upwards, reinforcing the potential for a short-term relief rally, similar to previous periods of upward movement. The weekly timeframe also shows signs of an upward curl, indicating a longer-term potential for recovery.
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