After 644 days in the same range, DOGEUSD seems to have found support. There has been numerous attempts to break lower, but buyers have strongly defended the 0.0614 level.
We have had pretty strong upwards momentum for many weeks and are now seeing a pullback to a decent weekly level.
If buyers can hold this level and the pair puts in a higher low, it's likely...
Bullish pinbar faked out. Traders who went long are now trapped. The media hype is coming to an end and people who got in too late are about to get fucked.
- Broke out of daily range and took out stops above.
- Sold off and came back in the range and retested the range high
- Broke key support
If support turns to resistance next target is the range low
UBQ is currently forming a falling wedge pattern and approaching a key horizontal support level. With a bullish divergence on the RSI we might see a breakout to the upside.
With BTC consolidating, this could be a good time for altcoins to gain some momentum
