Lingrid | DOGEUSDT formed TRIANGLE pattern

chart has been forming a triangle pattern, which indicates a price squeeze. Interestingly, the market is currently consolidating just below the upper border of the triangle, which is a bullish sign. Typically, before a breakout occurs, the price will form a range zone, suggesting that the market is preparing for a potential move. Additionally, the chart has been creating lower highs and higher lows, indicating that the price range is narrowing. If the price breaks through the downward trendline, we can expect a bullish rally to follow. Furthermore, if the price breaks through the range zone and closes above it, it's likely that the market will move higher. My target is resistance at 0.17500

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Lingrid

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