DOGECOIN: THE LAST STRAW

DOGE has been trading within this descending triangle pattern since August 2021

With the current geopolitical landscape from record high inflation fears, interest rate fears (3/16 marking the first rate hike) and Russia-Ukraine tensions... 4 cents COULD be a possibility if the fed tanks the market to combat inflation

To clarify, I AM NOT A BEAR OR A BULL. I am a REALIST, making reasonable market predictions with fundamental and technical analysis together as one...

Here are the explanations behind the arrows...


RED ARROW: *IF* Russia invades Ukraine

March 10th CPI data comes in HIGHER THAN EXPECTED

the fed acts too hawkish and raises rates too high (small probability if inflation keeps going hot)

This could create a short term bear market within the next 2-3 months...

pushing DOGECOIN's price potentially as low as 4 cents, which I am marking as a personal buy zone

That^ is when you want to buy the sweet dippity dip dip



PINK ARROW: *IF* Russia withdraws their troops from Ukraine between now and 3/10

3/10 CPI DATA ***MEETS OR UNDERCUTS EXPECTATIONS***

the fed raises rates as expected (.50% rate hike is currently being priced into the market)

which in turn causes Inflation to ROTATE DOWN into disinflation in April-June AS REFLECTED in DROPPING CPI DATA FOR THOSE FOLLOWING MONTHS

That^ is when the market will rotate green