Crypto Analyst Charting Guy (@Cartingguy) has published a warning note on Dogecoin, suggesting that he will sell the same part if certain levels of Fibonacci trace do not reach the coming months. His statement arrives at a time when Dogecoin (Doge) is negotiated about $ 0.20, according to the weekly graph shared on tradingView, showing a weekly change of –14.94%.
When to sell Dogecoin?
In the attached graph, a series of key retractions from Fibonacci covers 0.0 to 1.618 to around $ 4.13. Notable lines include 0.382 FIB around $ 0.1397, 0.50 FIB more than 0.1997 (near the current price), 0.618 FIB almost $ 0.2677, 0.702 FIB around $ 0.33, FIB 0.786 around $ 0.43 and FIB of 1.0 $ $ 0.76.
Categorically stress That if Doge “returns and strikes the FIB 0.702 or 0.786 in the coming months and cannot break it”, he plans to “sell the majority if not the entire bag”. He adds that his personal thesis requires a major summit at the end of April or early May, that prices reach $ 0.30, $ 0.40 or even $ 1.00.
“Yes, that invalidates my Haussiers Dogey Tables, but I was going to sell, whether $ 0.30 or $ 1 at the end of April,” said Guy Charting. He also highlights a potentially landing “key” land in March 2026, reiterating that he “cannot invent”.
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Part of this analysis implies a potential repetition of what Tony “The Bull” Severino (@tonythebullbtc) calls the “XRP 2021 Fractal ”, where XRP remained widely linked to the beach and failed to move to new heights of all time during its specific cycle phase.
According to Severino, “Dogecoin continues to follow the fractal XRP 2021”. Originally, he made parallels last October, warning that Doge could “draw an XRP this cycle”, showing how XRP exchanged almost laterally at a similar moment in his market cycle.
However, the Sun analyst (@ sunfire1126) does not agree, arguing that the Dogecoin movement does not specifically imitate XRP. Sun notes that “most of the parts have made this movement so far” and quotes other altcoins such as ADA and Hbar, who both arrested around the retracement of Fibonacci 0.618 or lower
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Cardgting Guy replied that it remained “open to the idea of breakup” above but also open to “another rejection”. If the price fails at $ 0.33 (0.702 FIB) or $ 0.43 (0.786 FIB) at the end of April, it confirms its market exit plan.
When a user suggested that he had turned directly dropCharting Guy said: “No, if you learned to read, I plan to sell at the end of April, that this scenario takes place and that it only reaches $ 0.30 / $ 0.40, or if my optimistic scenarios take place and that makes a high level.”
The change of tone of the guy in cartography is particularly notable, because only two months ago, he remained widely optimistic On Doge. In early January, he highlighted a wick at $ 0.26 – the FIB 0.618, which is an ideal purchase opportunity.
At the time, he thought that Doge would avoid revisiting this area and was “finally ready” for a next step, with $ 1 as “minimum target” and $ 4 as the highest. Since then, however, DOGE has blocked less than $ 0.30, and the GARTING graph is now based on FIBONACCI’s obstacles – $ 0.33 and $ 0.43 – as decisive factors to find out if it will leave its position at the end of April or early May.
At the time of the press, DOGE exchanged $ 0.20.
Star image created with dall.e, tradingView.com graphic
