My dear reader, what a curious spectacle we witness in the world of crypto! Dogecoin, that sprightly little pup of the market, seems to be trotting merrily ahead while its peers wobble like a toddler on a tricycle. Trader Daan Crypto Trades, ever the sharp-eyed observer, has taken to X with a chart dated November 13, suggesting that DOGE may yet reclaim its throne-if it can muster the audacity to breach the £0.18 threshold and hold its ground. One might almost call it a “range retake,” though I suspect the term is a euphemism for “desperate hope in disguise.”
At the time of this scribbling, DOGE lingered near £0.172, teetering on the edge of a verdant support band (a term I assume means “green, but not quite grass”). The upper echelon of this range, marked at £0.21817, remains the bull’s eye for the bulls, should they manage to reclaim the lower boundary. A 23.1% climb, you say? How very… optimistic. One must admire the courage, if not the arithmetic.
But lo! A new narrative stirs in the winds: whispers of £2,000 stimulus checks from the Trump administration. Ah, how the memory of 2020-2021 lingers like a ghost at a tea party! Young traders, it seems, still have a soft spot for speculative assets over the stodgy old Bitcoin or Ethereum. Perhaps they’re simply too young to remember that “speculative” often means “lost by lunchtime.”
Technically speaking, the chart suggests a charmingly simple setup: DOGE broke below its range, skulked to lower lows, and now attempts to saunter back into the fold. Two rounded swing lows grace the chart, hinting at a potential base forming. Should the price reclaim the green zone-proven by a decisive close above £0.18-it would signal that sellers have surrendered their wigs and the upper boundary at £0.218 may once again enter the spotlight. A grand performance, if one ignores the elephant in the room: the broader market.
When asked why he focuses on long setups, Daan replied with the poise of a man who’s seen it all: “Short setups provoke outrage. Long setups? They’re simply better for your mental health.” A sentiment I wholeheartedly endorse. After all, who wants to be the villain in a story where everyone loses?
As for the chart itself, it’s a charmingly bullish affair, eschewing the grim business of shorting in favor of a hopeful reclaim. The key, of course, remains £0.18. Without it, DOGE remains a pup in the corner, wagging its tail in quiet despair. And should BTC & ETH falter? Well, as Daan so delicately puts it, the whole charade would collapse like a soufflé in a hurricane.
At press time, DOGE traded at £0.15943. A humble sum, but one that whispers of untold potential-or a tragic tale of misplaced faith. The stage is set, the audience awaits. Will this pup rise to the occasion? Only time will tell, and perhaps a few late-night Google searches. 🐕📈
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2025-11-14 23:30