Dogecoin (DOGE/USDT) is forming what appears to be a textbook W pattern on the daily timeframe — a bullish reversal signal that could indicate a strong upside move.
🔹 Key levels:
• Support: Around $0.12
• Resistance: Neckline at ~$0.26
• Breakout target: $0.40+
🔍 Pattern Insight:
This W pattern (double bottom) shows that sellers lost momentum, and bulls are stepping in. If we break and close above the neckline with strong volume, a rally toward $0.40 and above is on the table.
⚠️ Watch for:
• Break and retest of $0.26
• RSI confirmation
• Volume breakout
💬 Let me know in the comments — is DOGE getting ready for liftoff?
#Dogecoin #Crypto #TradingView #Altcoins #TechnicalAnalysis #DOGEUSDT #ChartPatterns
🔹 Key levels:
• Support: Around $0.12
• Resistance: Neckline at ~$0.26
• Breakout target: $0.40+
🔍 Pattern Insight:
This W pattern (double bottom) shows that sellers lost momentum, and bulls are stepping in. If we break and close above the neckline with strong volume, a rally toward $0.40 and above is on the table.
⚠️ Watch for:
• Break and retest of $0.26
• RSI confirmation
• Volume breakout
💬 Let me know in the comments — is DOGE getting ready for liftoff?
#Dogecoin #Crypto #TradingView #Altcoins #TechnicalAnalysis #DOGEUSDT #ChartPatterns
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.