DOGECOIN Repeating Triangular Breakout Yet AGAIN?!
Hello friends, hope ya'll are doing great! Let's get right to it..
Looks like Doge is about to repeat its historical pattern yet again. If you look at previous breakouts, you'll notice that most of the breakouts have a similar pattern; tightening bollinger bands and decreasing volume, followed by a massive breakout to the upside from within the triangle. Additionally, the EMA spread further indicates that the momentum is turning bullish. Looks like doge is ripening just fine to generate massive profits in the short term. If everything goes right, we should see a breakout within a week's time if anything. Notably, Doge has at times performed tremendously regardless of bitcoin's bull/bear movements so it is very likely this pattern is successful even if bitcoin tumbles. Lets find out what happens in the coming couple days. In my opinion, the price should hold to the current levels even if the action is delayed. All things considered, this looks like a considerably safe point to get in and get ready for the next wave up
Please hit a like and follow if you like this idea and want to stay updated! Also, comment if you'd like me to post charts for some other coins :). I might be posting charts for STORM/BTC, ZRX/BTC and SC/BTC soon cause they look ready for action as well!
Looks like Doge is about to repeat its historical pattern yet again. If you look at previous breakouts, you'll notice that most of the breakouts have a similar pattern; tightening bollinger bands and decreasing volume, followed by a massive breakout to the upside from within the triangle. Additionally, the EMA spread further indicates that the momentum is turning bullish. Looks like doge is ripening just fine to generate massive profits in the short term. If everything goes right, we should see a breakout within a week's time if anything. Notably, Doge has at times performed tremendously regardless of bitcoin's bull/bear movements so it is very likely this pattern is successful even if bitcoin tumbles. Lets find out what happens in the coming couple days. In my opinion, the price should hold to the current levels even if the action is delayed. All things considered, this looks like a considerably safe point to get in and get ready for the next wave up
Please hit a like and follow if you like this idea and want to stay updated! Also, comment if you'd like me to post charts for some other coins :). I might be posting charts for STORM/BTC, ZRX/BTC and SC/BTC soon cause they look ready for action as well!
Comment:
You guys can see how priceise my analysis was! A breakout out towards the upside with the using volume and longer green candles as predicted. Seems like a sudden and huge increase in volume is all we’re waiting for to see a big long candle. Target 1: 62-65 Sats. Target 2: 78-82 Sats.
Comment:
Boom! It’s playing out almost exactly like I mentioned before! The lack of volume caused a lil delay but it’s moving according to the plan. Keep collecting your profits while it’s going up
