Dogecoin
Long

DOGE about to rally on Double Bottom Bullish Cross signal

Dogecoin (DOGEUSD) has been trading within a Channel Up pattern since the December 20 2024 bottom. A very distinct buy signal emerges every time the price makes a Double Bottom near the Higher Lows trend-line of the pattern and the 4H MACD forms two Bullish Crosses in a row.

As you can see, this has already happened two times, with the price reaching at least the 2.618 Fibonacci extension for a Higher High and this is the 3rd time within the Channel Up that we see this indicator combo.

As a result, we turn bullish short-term, targeting 0.43250 (Fib 2.618 ext).

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