$DOGE 💸💸💸💵😎

DOGE, the box works, the dog is a real dog.

In terms of the 4h format, Dogecoin has formed a double top structure. This structure is basically over. The 4h trend is a wave B rebound in the form of a wave. Fibonacci retracement, the position is 0.618 Near 0.4388, currently touching 0.4249 near 0.5. There is a slight error in the Fibonacci retracement in the figure. The position of 0.618 is 0.3514. The specific trend is shown in the figure.

In terms of the daily line shape, to be honest, it is very complicated, forming a double top structure and a box structure. The neckline position is near 0.365. In terms of Elliott wave shape, it may turn from wave B to wave. 5, or it may be directly b turns to c, or even directly turns to a, so the overall trend of the daily line needs more work to be determined.

From a weekly perspective, it belongs to 3 waves and may turn into 4 waves at any time.