DOGE WILL DO ANOTHER REVERSAL BACK TO THE RESISTANCE

2 feb 2023

DOGE has started to do a recovery and here we can clearly identify a breakout confirmation on the key level. With the breakout and pullback formed on the daily timeframe, the price has a higher chance of reaching the next resistance formed. The previous day's candle closing is respecting the key level as a support with a nice long wick to the downside. The hourly timeframe shows an ascending triangle pattern in play.

Thanks for visiting my tradingview profile. Hope the chart update helps you out. If you like the content do hit the thumbs up and follow me for future updates. Don't forget to leave your thoughts and opinions on the following market. 🙌🏻😎

📌For more details regarding this chart update, please message me on tradingview chat. Thank you!

2 feb 2023

Nota

Here is the structure of ascending triangle formed on the hourly timeframe. Which also aligns with our bullish expectations.