Pennant formation on DOGE 🚀?
Updated
The daily chart shows a pennant forming, confirmed on the 4H chart. Could see a test of the 50 RSI and a bullish MACD cross based on the daily chart, if successful, it should break above the pennant channel and test its resistance, potentially breaking above resistance (most likely on the second attempt). No matter if it's crypto, commodity, or stock, it will often contend with a previous high before surpassing it.
Daily Chart:
Daily Chart:
Note
Related publications
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.