Dogecoin - This Leads To Two Digits!
Updated
Dogecoin (
DOGEUSD) will hit two digits soon:
Click chart above to see the detailed analysis👆🏻
It is the third time that Dogecoin is creating the same pattern. A couple of months ago Dogecoin broke out of a symmetrical triangle pattern and is now retesting previous horizontal structure. After we see bullish confirmation on the smaller timeframes, the next parabolic rally will start.
Levels to watch: $0,12
Keep your long term vision,
Philip (BasicTrading)
DOGEUSD) will hit two digits soon:Click chart above to see the detailed analysis👆🏻
It is the third time that Dogecoin is creating the same pattern. A couple of months ago Dogecoin broke out of a symmetrical triangle pattern and is now retesting previous horizontal structure. After we see bullish confirmation on the smaller timeframes, the next parabolic rally will start.
Levels to watch: $0,12
Keep your long term vision,
Philip (BasicTrading)
Trade active
Trading update on Dogecoin (DOGEUSD):
Click chart above to see the detailed analysis👆🏻
Bulls are still overall in control of Dogecoin and it is quite obvious that another bullish cycle will start soon. It seems like Dogecoin is closing below support though so if the next monthly candle is not closing back above, we could see a short term delay first.
Levels to watch: $0.1
Keep your long term vision,
Philip (BasicTrading)
Trade active
Trading update on Dogecoin (DOGEUSD):
Click chart above to see the detailed analysis👆🏻
The higher timeframes on Dogecoin are still pretty clear and Dogecoin is currently just following the previous bullish breakout followed by a retest of the previous structure pattern. If Dogecoin creates bullish confirmation, the next target is simply two digits.
Levels to watch: $0.1
Keep your long term vision,
Philip (BasicTrading)
Trade active
Trading update on Dogecoin (DOGEUSD):
Click chart above to see the detailed analysis👆🏻
It really seems like Dogecoin is now perfectly respecing the previous horizontal structure and another move higher is quite likely. Especially looking at the previous cycles, after the successful break and retest, Dogecoin took of and eventually created new all time highs.
Levels to watch: $0.5
Keep your long term vision,
Philip (BasicTrading)
Note
Trading update on Dogecoin (DOGEUSD):
Click chart above to see the detailed analysis👆🏻
Everything remains perfectly intact on Dogecoin and after the consolidation at support is over, we might finally see the continuation of the bullish impulse pattern. Waiting for proper price action is key since Dogecoin can also still break the support level.
Levels to watch: $0.5
Keep your long term vision,
Philip (BasicTrading)
Trade active
Trading update on Dogecoin (DOGEUSD):
Click chart above to see the detailed analysis👆🏻
Now Dogecoin is ready to rally. We saw the triangle breakout, the bullish break and retest and finally also bullish confirmation on the smaller timeframes. All the markets will move in perfect sync and it is just a matter of time until Dogecoin rallies and creates new all time highs.
Levels to watch: $0.1, $0.5
Keep your long term vision,
Philip (BasicTrading)
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