Doge is showing some strength recently, that’s why i decided to share an update about it’s price action.
What i’m expecting and what i would like to see happening is an inverted H&S with a bullish re-test of the broken falling wedge .
For now we have low volume but the price is already showing good strength, this means sell pressure isn’t so big as it was some months ago.
This is a pattern i would like to see play because we would have a bullish re-test of an important resistance, in the right shoulder of the H&S . The probabilty of this happening, if the falling wedge is broken to the upside, are high.
The crypto market is looking good recently, is something coming? A big move to the upside? Or to the downside? Share your toughts, im curios of your opinion!
What i’m expecting and what i would like to see happening is an inverted H&S with a bullish re-test of the broken falling wedge .
For now we have low volume but the price is already showing good strength, this means sell pressure isn’t so big as it was some months ago.
This is a pattern i would like to see play because we would have a bullish re-test of an important resistance, in the right shoulder of the H&S . The probabilty of this happening, if the falling wedge is broken to the upside, are high.
The crypto market is looking good recently, is something coming? A big move to the upside? Or to the downside? Share your toughts, im curios of your opinion!
