How High Can Dogecoin Go? Legendary Trader Forecasts Next Price Target

Q: How long will it take to read this news story?

The story "How High Can Dogecoin Go? Legendary Trader Forecasts Next Price Target" has 468 words across 70 sentences, which will take approximately 2 - 4 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "How High Can Dogecoin Go? Legendary Trader Forecasts Next Price Target" was covered 10 hours ago by NewsBTC, a news publisher based in United Kingdom.

Q: How trustworthy is 'NewsBTC' news outlet?

NewsBTC is a fully independent (privately-owned) news outlet established in 2013 that covers mostly crypto news. The outlet is headquartered in United Kingdom and publishes an average of 12 news stories per day. It's most recent story was published 9 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #23962200</li><li>URL: https://beamstart.com/news/how-high-can-dogecoin-go-17329425324229</li></ul>

NewsBTC Logo NewsBTC 10h ago

How High Can Dogecoin Go? Legendary Trader Forecasts Next Price Target - NewsBTC

Quick Summary:

Legendary trader Peter Brandt, in collaboration with the observations of a crypto analyst known by the handle @Kultigin83, has highlighted a “running continuation flag” on the DOGE/USD chart, forecasting a potential price target of $0.66.

Related Reading: Analyst Maps Out Dogecoin Price Arc To $3 Using A Logarithmic Scale In the case of Dogecoin, the pattern observed follows a significant upward movement where the price notably increased from a level below $0.19 to above $0.39 following the breakout of a head and shoulders pattern, creating the “pole” of the flag.

Peter helps us, and I want to help him (a small piece of advice from a student); this pattern is known as an upsloping flag.” In response, Peter Brandt replied, “Yes, if completed, this would indeed be considered a running continuation flag.” The running continuation flag is a classic chart pattern recognized for its bullish implications.