Dogecoin / DOGEUSD is trading inside a Falling Wedge pattern which hit this week Support A and immediately rebounded.
The 1day RSI has made a Double Bottom and it is highly likely that we will see a steady recovery from now on.
If a break out above the Falling Wedge takes place, Doge will most likely start its final rally for this Cycle's Top.
We expect that to be on the 2.0 Fibonacci extension level, a typical reaction for such break outs.
Buy and target 1.3000.
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The 1day RSI has made a Double Bottom and it is highly likely that we will see a steady recovery from now on.
If a break out above the Falling Wedge takes place, Doge will most likely start its final rally for this Cycle's Top.
We expect that to be on the 2.0 Fibonacci extension level, a typical reaction for such break outs.
Buy and target 1.3000.
Follow us, like the idea and leave a comment below!!
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TheCryptagon offers news & insights on global markets (crypto, forex, stocks, commodities). Follow so you don't miss anything!
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.