TradingView
sckeshari344
Oct 16, 2021 10:35 AM

Doge coin about to blast Long

Dogecoin / TetherUSBinance

Description

Doge coin has formed really bullish pattern

1. Head and shoulder
2. Triangle pattern breakout
3. nicely following the long term trendline

Support of analysis:
1. RSI and MACD is gaining momentum
2. Volume is increasing with buyers
3. Positive head and shoulder pattern can be seen
4. Trendline support

Disclaimer: I am not sebi registered. This chart is for educational purpose. Pls consult your technical advisor before investing.
Comments
Adilforgood
Hi, thanks for your work. It is hard to say that it is head and shoulders.
omrroll
@AdilKaibaliev, See 1 day chart pattern
Adilforgood
@omrroll, Thank you.
sckeshari344
@AdilKaibaliev, True, that's y I validated it through triangular pattern as well.
Also 20 and 50 DMA are below the price. already more than 8% up today.
Trendline support and triangular pattern breakout happened already. I personally feel it will go more than 50% from here.
Adilforgood
@sckeshari344, Well done. Thank you, makes more sense now.
More