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DOGE - Uh oh, a Rising Wedge has formed.
Dogecoin / TetherUS
DOGE - Uh oh, a Rising Wedge has formed.
By CreativeSelf
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Updated
May 9, 2021
5
May 9, 2021
Please be careful in buying Doge. If price action can't brake the top trendline of this wedge, there may be further losses for Doge in the near term.
Near term top could be somewhere between 0.75-0.80c before we see a correctional dip if price action respects this rising wedge.
We are in SNL hour as of posting this so expect DOGE to be volatile.
May 9, 2021
Note
Looks like the wedge has been broken down. 60c retest incoming, If Doge gets back above 60c then there is still a chance of hitting a new ATH.
Chart Patterns
Technical Indicators
Trend Analysis
CreativeSelf
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