OpenDAO narxSOS

🚨 Important - #Dogecoin Wyckoff Logic Analysis We're riding the "Mark Up" phase now!! ✍️ Here's what you need to know: The Wyckoff market cycle (Wyckoff Logic) reflects Wyckoff's theory of what drives the price movement. The four phases of the market cycle are: 1. Accumulation (cause) 2. Mark Up (effect) 📈 3. Distribution (cause) 4. Mark Down (effect) 📉 The $Doge chart below illustrates the "Jump The Creek" structure, highlighting the Breakout and Retest. It signals a sign of strength (SOS) and indicates both short-term profit-taking and a test for additional supply near the resistance area (the upper blue line in the Accumulation phase). As we know, this "Jump The Creek" structure is a common structural element preceding a significant price increase, that could lead to Mark Up phase in this case. 🔥🔥 Currently, $Doge has completed the first wave of the Mark Up phase. Price appreciation is expected to intensify towards the end of this phase, culminating in a "Blow-Off Top🚀"—a chart pattern characterized by a rapid, steep price increase. Distribution and Mark Down phases will then follow, completing the cycle.

Do you know that?? 🫵 #Dogecoin is undergoing RE-ACCUMULATION after the previous strong uptrend. In LTF chart, $Doge demonstrates the characteristics of Wyckoff accumulation pattern and is reaching the end of Phase C. 🤞 Soon or after it will show up signs of Strength (SOS) in Phase D and return to a Strong Uptrend after Phase E 🚀

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#Bitcoin has entered Phase D of Wyckoff Accumulation pattern 🔥 Soon $BTC will give us Last Point of Support (LPS) and Sign of Strength (SOS). Once it leaves the accumulation stage, $BTC could reach over $100k in Mark-up stage 🚀

Explaining the compliance procedure, SOS said in a statement:  “The company can regain compliance at any time during the six-month cure period if, on the last trading day of any calendar month during the cure period, the company has a closing share price of at least $1 and an average closing share price of at least $1 over the 30 trading-day period ending on the last trading day of that month.” The noncompliance notice has no immediate impact on the listing of the company’s ADSs, which will continue to be listed and traded on the NYSE during the six-month cure period as long as other listing requirements of the NYSE are complied with.