DOGEUSD ☕ Cup and Handle Pattern in Play! 🚀
The chart is forming a classic cup and handle pattern, a bullish continuation setup that indicates potential for a strong breakout. Price has been rounding out the base, finding support at key moving averages, and could soon complete the handle formation.
🔍 Key Observations:
✅ Strong accumulation phase
✅ Price holding above key EMAs
✅ Potential breakout confirmation ahead
If the pattern plays out, we could see a significant upward move. What’s your take on this setup?
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.