đ¤ Dogecoin Is Repeating Its 2020 Accumulation Cycle, Analyst Says
Crypto analyst Cryptollica is arguing that Dogecoinâs weekly chart is doing that familiar thing again: carving out a rounded base, bleeding off volatility, resetting momentum and quietly setting up what he frames as the âcalm before the storm.â
Or, at least, thatâs the pitch. In a Dec. 23 TradingView analysis titled âDOGE: The Cycle Repeats (1W Timeframe),â Cryptollica calls the current structure a âtextbook fractal setup,â pointing to four prior âstructural points (1, 2, 3, 4)â across #DOGE âs longer-term history and claiming the market is now sitting at âPoint 4.â The core claim is less about a single indicator and more about pattern recognition: the structure is rhyming perfectly with the pre-bull run accumulation phases of the past.
đ¸ Will #Dogecoin Repeat History?
Cryptollica frames Zones 1 and 2 as prior âboredom phasesâ â the type of long, dead-feeling stretches that, in hindsight, look like accumulation. âZones 1 & 2: These were the âboredom phasesâ where volatility died, and smart money accumulated,â the post reads.
Zone 2, in particular, is described as âthe launchpad for the massive 2021 parabolic run.â The current period, which the analyst labels Zone 4, is presented as a near-mirror: âWe are seeing the exact same rounding bottom formation. The price is stabilizing, forming a heavy base just like it did before the previous explosions.â
Thatâs the structural argument. The momentum argument is RSI, and Cryptollica is unusually direct about how theyâre treating it: âLook at the RSI indicator at the bottom. The red line (~32. level) acts as a historical floor.â
They add that âevery single time the weekly RSI touched or hovered near this baseline (Points 1, 2, and 3), it marked a macro bottom.â Right now, in their read, âthe RSI has reset back to this critical support level,â which they interpret as seller fatigue: âIt indicates that the sellers are exhausted and the momentum is primed to flip.â {spot}(DOGEUSDT)
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đ¤ Dogecoin Is Repeating Its 2020 Accumulation Cycle, Analyst Says
Crypto analyst Cryptollica is arguing that Dogecoinâs weekly chart is doing that familiar thing again: carving out a rounded base, bleeding off volatility, resetting momentum and quietly setting up what he frames as the âcalm before the storm.â
Or, at least, thatâs the pitch. In a Dec. 23 TradingView analysis titled âDOGE: The Cycle Repeats (1W Timeframe),â Cryptollica calls the current structure a âtextbook fractal setup,â pointing to four prior âstructural points (1, 2, 3, 4)â across #DOGE âs longer-term history and claiming the market is now sitting at âPoint 4.â The core claim is less about a single indicator and more about pattern recognition: the structure is rhyming perfectly with the pre-bull run accumulation phases of the past.
đ¸ Will #Dogecoin Repeat History?
Cryptollica frames Zones 1 and 2 as prior âboredom phasesâ â the type of long, dead-feeling stretches that, in hindsight, look like accumulation. âZones 1 & 2: These were the âboredom phasesâ where volatility died, and smart money accumulated,â the post reads.
Zone 2, in particular, is described as âthe launchpad for the massive 2021 parabolic run.â The current period, which the analyst labels Zone 4, is presented as a near-mirror: âWe are seeing the exact same rounding bottom formation. The price is stabilizing, forming a heavy base just like it did before the previous explosions.â
Thatâs the structural argument. The momentum argument is RSI, and Cryptollica is unusually direct about how theyâre treating it: âLook at the RSI indicator at the bottom. The red line (~32. level) acts as a historical floor.â
They add that âevery single time the weekly RSI touched or hovered near this baseline (Points 1, 2, and 3), it marked a macro bottom.â Right now, in their read, âthe RSI has reset back to this critical support level,â which they interpret as seller fatigue: âIt indicates that the sellers are exhausted and the momentum is primed to flip.â
{spot}(DOGEUSDT)