Rising Wedge Pattern (suggesting price correction in uptrend)

Updated

From where I'm sitting we've been looking at a rising wedge pattern in COINBASE:DOGEUSD. Also noticing a bearish divergence on the 1D timeframe. Looking for price to reach into the .28-.31 region before re-entering into a long position. Can we still go a bit higher? Of course. Be on the watch for false breakouts from wedge pattern. NFA, you do you. Best of luck! WG

Order cancelled

Alternate count, but need to break out from the triangle here (~.48 cents)

snapshot

2 days ago

Note

Looks like this idea has worked out as planned. I expect the current correction to hopefully round out between .25-.28.

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