Like Floki, Baby Doge is another meme coin that seems to have started an uptrend wave. If we have an altseason, I think BabyDoge is the one to consider for meme coins as part of your portfolio.
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Baby Doge's 4th wave is unfolding in an inverted wedge pattern.
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Just an update.
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After Floki, now, it is Baby Doge's turn to start a strong upward wave. Let's see what happens.
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Baby Doge is on its way up. Let's see Baby Doge's reaction when it reaches the inverted wedge's upper line.
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So, BabyDoge went up and have reached an important intersection; major downtrend line and minor inverted wedge's upper line. Let's see how BabyDoge react to this area.
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So, BabyDoge broke all minor support/resistance lines, but couldn't pass the major horizontal resistance area. If BabyDoge could break this area upward and stay above it (either make a pullback or rest there), that means a major uptrend phase has started. Let's see what happens.
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So, BabyDoge went down much more than anticipated and reached the bottom. First, have to see if the bottom will support the BabyDoge again; then, when BabyDoge break the downtrend line. Let's see what happens.
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So, BabyDoge broke the downtrend line, went up, and reached the major horizontal resistance area again. BabyDoge is trying to break this area; if successful, further rise is possible. Let's see what happens.
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