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<p>Top crypto analyst Ali (@ali_charts) has spotted familiar pattern formations in <a href="https://captainaltcoin.com/top-analyst-predicts-dogecoin-could-hit-all-time-high-in-december-backed-by-doge-price-analysis/" target="_blank" rel="noopener noreferrer nofollow">Dogecoin’s (DOGE) price action</a>, suggesting a temporary correction before continuing its upward trajectory. Through technical analysis shared on social media, Ali points to historical TD Sequential indicators from 2017 and 2020 that mirror current market conditions.</p>
<h2 class="wp-block-heading" id="strong-historical-pattern-recognition-shows-consistent-td-signals-strong"><strong>Historical Pattern Recognition Shows Consistent TD Signals</strong></h2>
<p>The weekly timeframe analysis reveals three distinct periods where TD Sequential indicators preceded brief corrections in <a href="https://coinmarketcap.com/currencies/dogecoin/" target="_blank" rel="noopener noreferrer nofollow">DOGE’s price</a>.&nbsp;</p>
<p>During the 2017 bull run, DOGE surged over 9,363% before the TD Sequential displayed a 9 signal, marking a temporary pause in the uptrend. The same pattern emerged in 2020, where the indicator accurately predicted a short-term pullback.</p>
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   <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/Dogecoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Dogecoin</a> <a href="https://twitter.com/search?q=%24DOGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$DOGE</a> is going to test your patience in this parabolic run! Just like in 2017 &amp; 2020, we got a sell signal from TD, anticipating a brief correction before the bull rally continued.<br><br>You can trade it or hold it at <a href="https://twitter.com/coinexcom?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@coinexcom</a> using my referral link <a href="https://t.co/73n8mWavUX" target="_blank" rel="noopener noreferrer nofollow">https://t.co/73n8mWavUX</a> <a href="https://t.co/2O9EUyoWTt" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/2O9EUyoWTt</a></p>— Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1862444140891709938?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">November 29, 2024</a>
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<p>The market entered a consolidation phase around 2018 and 2019, establishing support near the $0.02 level. TD Sequential 13 signals during this period marked the end of bearish momentum and preceded a period of accumulation.</p>
<h2 class="wp-block-heading" id="strong-current-market-structure-mirrors-previous-rallies-strong"><strong>Current Market Structure Mirrors Previous Rallies</strong></h2>
<p>DOGE’s present price action exhibits similar characteristics to its historical patterns.&nbsp;</p>
<p>The crypto faces resistance in the $0.73-$0.75 range, coinciding with a TD Sequential 9 signal. This technical formation suggests buying pressure may need to reset through a brief correction.</p>
<p>Support levels have formed between $0.35 and $0.40, providing potential landing zones for any short-term retracement. These price levels align with previous market structure and could serve as springboards for <a href="https://www.usatoday.com/story/money/2024/11/27/dogecoin-stock-elon-musk-trump/76588093007/" target="_blank" rel="noopener noreferrer nofollow">continued upward movement</a>.</p>
<p>Read also: <a href="https://captainaltcoin.com/why-is-algorand-algo-price-up/" target="_blank" rel="noopener noreferrer nofollow">Why Is Algorand (ALGO) Price Up?<br></a></p>
<h2 class="wp-block-heading" id="strong-trading-volume-and-market-sentiment-strong"><strong>Trading Volume and Market Sentiment</strong></h2>
<p>The 2020 to 2021 bull run saw DOGE climb from $0.002 to $0.73, demonstrating the market’s capacity for explosive moves. Current trading patterns show strong buying pressure, though the TD Sequential warns of temporary exhaustion.&nbsp;</p>
<p>Market participants have maintained support levels through each correction phase, leading to sustained upward momentum after brief consolidations.</p>
<p>The data indicates price movements remain within established technical parameters, with clear support and resistance zones guiding market structure. Trading volumes continue to support the overall trend, despite anticipated short-term fluctuations.</p>
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<p>The post <a href="https://captainaltcoin.com/td-sequential-signals-potential-correction-in-dogecoins-doge-parabolic-run-analyst-warns/" rel="noopener noreferrer nofollow">TD Sequential Signals Potential Correction in Dogecoin’s (DOGE) Parabolic Run, Analyst Warns</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

TD Sequential Signals Potential Correction in Dogecoin’s (DOGE) Parabolic Run, Analyst Warns

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