As seen on the chart the price is in a rising wedge where is was going up creating HL until it breaks the HL changing into LL and i'm expecting change of direction until it touches the Trendline below
From my Analysis DOGE coin made a retracement and hit the low of 0.35 , as now it's forming a Head & Shoulders Pattern , i'm waiting for the Trendline Break Out to BUY DOGE
POSSIBLE HEAD AND SHOULDERS IF THE PRICE REJECTS THE SUPPORT AT 1.56520 AND BREAK THE TRENDLINE BELOW
The rejected Last month low 29 May @ 1.32040 and now we expect upside movement to 1.35402 ...Trade Valid until it breaks the 1.32040 Support
The trade is possible to repeat Last week's low rejecting the support to create the inverse head and shoulders for a retracement Get in touch on the Communication group t.me
The Trend may retrace 50% after a downfall and and form a head and shoulders pattern to continue the Downtrend Get in touch on the Communication group t.me
The Trend repeated the previous support and possible to retrace 50% forming a head and shoulders to continue the Downtrend Get in touch with on forex communication group t.me
The downfall made 2 level of drop and last level expected to reach the low of 20 March 2018 at 1.22390 before retracement TARGET : 1.22390
The Price Repeated the higher high of Last Month and did't break the resistance, Forming a M structure
The Price may Retrace to 1.8525 before going up Buy Area 1.18413 and 1.8500 Potential Target 1.2003
SELL the Breakout when the M is fully formed
Uptrend Channel on 1 hour after breaking the downtrend channel .. Target : 0.70193
The Trade is still in a Wedge and to be expected to Reach the Top on the Wedge trend line Target : 1.18477
The Candles Repeated the High of 23/10 with a spike and a doji candle after then confirmation with a Bearish candle forming a M Target : 132.609
SELL the breakout When the M is fully Completed
The Trade may Break Out to repeat the Low of 20/10 at 1.31016 or Break out to the top at 1.35681
Because the Uptrend didn't break the support Level of 26/09 and Formed an M on !hr time frame Target 1 : 148.640 Target 2 :147.900
Uptrend possible ..Trade Valid Until it breaks 1.25043 Resistance Level POTTENTIAL TARGET : 1.25900