Dogecoin Long (Daily Chart Pattern)
Daily Chart
Descending Triangle Pattern:
-First Breakout was on Jan 10th
-Retest of support line was successful ->
(Jan 22nd- Jan 25th)
Multiple levels of resistance must be broken,
First Major Area of Resistance:
- Between $0.198 and $0.275
Next Major Area of Resistance:
- Between $0.35 and $0.43
Strong Support Area (as of Jan 26):
- Between $0.095 and $0.16
Price Target #1: around $0.55
Price Target #2: Between $0.69 and $0.80
Previous All Time High: $0.74
Descending Triangle Pattern:
-First Breakout was on Jan 10th
-Retest of support line was successful ->
(Jan 22nd- Jan 25th)
Multiple levels of resistance must be broken,
First Major Area of Resistance:
- Between $0.198 and $0.275
Next Major Area of Resistance:
- Between $0.35 and $0.43
Strong Support Area (as of Jan 26):
- Between $0.095 and $0.16
Price Target #1: around $0.55
Price Target #2: Between $0.69 and $0.80
Previous All Time High: $0.74
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