DOGE is on a big triangle which requires a breakout now
Market Instrument: DOGEUSDT
Timeframe: DAILY
Analysis: Technical
Structure: Resistance and Reversal
Prediction: Bearish
DOGE has formed a big triangle on the daily timeframe where this requires a bullish breakout now. The upper boundary on the following triangle is remaining stronger and acts as a resistance to control the buying pressure for a few months. Hopefully waiting to see a good bull rally with a strong bullish breakout confirmation.
Timeframe: DAILY
Analysis: Technical
Structure: Resistance and Reversal
Prediction: Bearish
DOGE has formed a big triangle on the daily timeframe where this requires a bullish breakout now. The upper boundary on the following triangle is remaining stronger and acts as a resistance to control the buying pressure for a few months. Hopefully waiting to see a good bull rally with a strong bullish breakout confirmation.
Note
Market Instrument: DOGEUSDTTimeframe: DAILY
Analysis: Technical
Structure: Triangle and Breakout
Prediction: Bullish
Typo***
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Disclaimer
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.