RLinda ! DOGEUSD-> Resistance Retest. What next?
Updated
DOGE on the downtrend forms a bullish "bearish wedge" set-up. The coin on the background of the market recovery has strengthened from the low of 18% and if resistance is broken, the growth can accelerate.
The price forms a resistance retest and a struggle for the zone. After the formation of the consolidated price movement to the upper border of the range, it will be logical to expect a breakdown and strong momentum.
I expect that in the near future the bulls may show their strength and push the price up with the subsequent strengthening of their positions in the long zone. In this case - short-term target - resistance at 0.08962. The medium-term target is the liquidity zone at 0.0964.
Regards R. Linda!
The price forms a resistance retest and a struggle for the zone. After the formation of the consolidated price movement to the upper border of the range, it will be logical to expect a breakdown and strong momentum.
I expect that in the near future the bulls may show their strength and push the price up with the subsequent strengthening of their positions in the long zone. In this case - short-term target - resistance at 0.08962. The medium-term target is the liquidity zone at 0.0964.
Regards R. Linda!
Trade closed: target reached
DOGEUSD +18% Almost reached the 2nd target))
Price is moving up nicely according to my scenario. The first target was reached in a few hours after the resistance breakdown.
The coin after the false-break is fixing above the broken upper boundary and headed up 18%))
Trade active
The bulls are pushing the price up 33% in our direction)
A cool move to catch against the backdrop of a falling crypto market)
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