Dogecoin broke up this huge falling wedge (yellow) and is forming sort of triangle📐(red). Currently sitting @ support 0.166-0.160 and I think there is chance for run to the higher resistances (0.34, 0.45 & 0.517) especially if price breaks the (red) triangle upper edge and horizontal resistance 0.2174. DOGE just run!🦴
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
Check my other stuff in related ideas.
Please like👍, comment🗣️, follow me✒️, enjoy📺!
⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
Note
Also check the DOGE vs SHIB comparison.👇 Is DOGE better buy than SHIB currently?
Note
Drawings updated. So there actually was one more leg lower to:- break the 0.166-0.160 support
- test the yellow wedge lower edge
- backtest the yellow wedge upper edge.
- test the red triangle lower edge
After oscillating around the red triangle lower edge the price now went up to test the resistance created by confluence of previous support 0.166-0.160 (now resistance) and the pink downtrendline. I would expect some consolidation for few days before breaking up.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.