Dogecoin Coiling for Potential Breakout
Updated
DOGE is coiling. It's twice bounced off the Fibb support line. It's currently coiling in either a bear pennant or bull penant--too early to tell. If it breaks the trendline resistance, expect upside to the next Fibb level of support in the coming days.
Note
Correction: Did not mean bull pennant! It can turn bullish if it breaks the trendline resistance. And look for further upside from there. Fibbonacci levels have twice offered support on daily chart.
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