DOGE - DON'T MISS out on ALTSEASON 2.0 !Yesterday we took a look at altcoins that are strong currently - and today I'm adding another, DOGEUSDT.
β
From a technical indicator perspective, Doge is ready to reclaim a key trendline, as the price is consolidating right under it (bullish). "Extremely Oversold" is usually a good place to buy:
β
From a Chart Pattern perspective, we observe an inverse Head and Shoulders pattern forming, which is also bullish and confirms a direction reversal. Furthermore, a total of -60% has been retraced and this is prime time for a new upwards wave:
β
From a trendline analysis, we have successfully reclaimed the neckline after closing daily candles ABOVE the old peak:
I conclude to say that according to the trend and all other signs - the price is short term and long term bullish from here.
_________________________________
BINANCE:DOGEUSDT