On January 3, the price of Dogecoin displayed a fractal, which comprised of a failed triple bottom setup followed by a big rally. This forecast, however, failed to provide value when DOGE cut through the $0.159 and $0.151 support levels, rendering the fractal invalid. However, after failing the $0.151 support level, Dogecoin has made a swing low of $0.147. Soon after, DOGE established another lower low, effectively accumulating liquidity and indicating a typical bottoming pattern.