Gann's Planetary Angles for DogecoinIf you're a Gann student you would know that time is the most important factor w/r/t to market cycles.
Welcome to an unique analysis of Dogecoin's price patterns utilizing the Gann Planetary Angles. This weekly chart analysis stretches back to 2014, and uncovers a significant pattern which could signal an impending bullish trend for the much-loved meme cryptocurrency.
This analysis employs Gann's planetary angles, specifically Uranus, as a predictive tool. Uranus, in this context, influences the angles plotted at three significant highs of Dogecoin. The angles reflect the price-to-longitude relationship with Uranus; for every 1 degree of Uranus movement, the angle changes according to selected price scales - in this case, 0.1, 0.2, and 0.3.
What stands out from the chart is a recurring pattern. When the price action surpasses the 0.1 angle (represented by the yellow line), it enters a "pre-breakout" phase, often signaling the later phases of an accumulation schematic before an ensuing mark-up. This pattern has been witnessed at the previous two highs and could serve as a powerful indication of future price movements.
Based on this Gann planetary angle analysis, the prediction is that Dogecoin may be on the verge of a significant uptrend, contingent upon the price action breaking above the current yellow 0.1 angle. Should this historic pattern repeat itself, we could witness a new high by August 2024. The profit target is set at a minimum of $2.27
BINANCE:DOGEUSDT COINBASE:DOGEUSD KUCOIN:DOGEUSDT
