A horizontal channel or sideways trend has the appearance of a rectangle pattern. It consists of at least four contact points. this is because it needs at least two lows to connect, as well as two highs. Buying and selling pressure is equal, and the prevailing direction of price action is sideways. Horizontal channels form in periods of price consolidation. Buying and selling forces are similar in a horizontal channel until a breakout or breakdown occurs.
Currently, Babydoge is at $0.000000001302 If the pattern continues, the price of Babydoge might reach the resistance level of $0.000000001800, If the trend reverses, then the price of Babydoge may fall to $0.000000001000