Dogecoin (DOGE) Is Forming Mysterious Chart Pattern, According to Peter Brandt

Dec 21,2022
Dogecoin (DOGE) Is Forming Mysterious Chart Pattern, According to Peter Brandt

Famous TraderJohn BrandtShe showed on Twitter that Dogecoin is producing a data graph mode of "everyone bypasses the black mulberry bush".

The weird name of makeup patterns refers to a popular children's English nursery rhyme. When we dance in a circle, this song can be sung. The lyrics of the song describe a group of children doing various activities around the mulberry forest, such as collecting water and washing bed sheets.

Brandt seems to imply that Dow is in the "round trip" phase at this stage, which means that it will lose money after the price rise. The metaphor here illustrates the fact that DOGE cannot move forward because it is rotating all the time

imageReported by:On Monday, after Elon Musk, CEO of Tesla Motors, conducted a social sentiment poll for Twitter customers to determine whether he should take charge of the social platform again, the price of Dogecoin fell again. Dogecoin remains particularly sensitive to Musk related behavior

In the past few years, the world's most popular meme cryptocurrency has been developing rapidly. After making great profits at the beginning of 2021,God annoys the dogCompared with the record high in May, it has dropped by 90.14%

The higher annual interest rate causes investors to shift their focus from high-risk cryptocurrencies such as Dogecoin to more traditional project investment. However, cryptocurrency is still worth $9.9 billion