Honestly, I don't feel like explaining because the chart says itHi.
BINANCE:DOGEUSDT
DOGE is in an ascending triangle which means the price is about to do a good bullish movement. The price can increase as much as the measured price movement ( AB=CD ) .The break out needed for increasing further has not happened but it should happen pretty soon.
✅ Due to the Ascending structure of the chart...
🟢 DOGE has been Bullish Recently!
🟢 The odds of another Bullish Movement is High!
🟢 Ascending Triangle is Visible on The chart!
🟢 No break out yet!
✨Targets are:
🎯$0.16830
🎯$0.01740
🎯$0.18000
🎯$0.18570
🎯$0.19130
🎯$0.19903
❗ Note that if the Triangle is broken down with the power of descending candles, our analysis will fail.
Stay awesome my friends.
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Goge
💡 Don't miss the great buy opportunity in Dogecoin/BitcoinTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.00000022945). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. Dogecoin/Bitcoin DOGEBTC is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 75.
Take Profits:
TP1= @ 0.00000032165
TP2= @ 0.00000037428
TP3= @ 0.00000051148
TP4= @ 0.00000062421
TP5= @ 0.00000073571
SL= Break below S2
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ForecastCity English Support Team ❤️