Although Dogecoin already rallied more than +350% after breaking out of the triangle pattern, this still just seems to be the beginning of the next major bullrun. A conservative approach would indicate a +9.000% rally, but the first primary target is still the previous all time high.
Tomorrow we will finally see the monthly candle closing on Dogecoin and this breakout move of +160% is simply an indication that we will see a lot more upside. Just look at the previous cycles - they all started with a major breakout and ended with many more green candles over the following months.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.