substantialFer28213

DOGE wedge update - 2nd breakout of this bull cycle

Long
BINANCE:DOGEUSD   Dogecoin
Looking at a downtrend reversal break out of our nested falling wedge pattern. Added strength coming from our higher time framed wedge completing a 3 wave correction of our 03/20-03/29 rally. 10,20 over 50 EMA should push up past our first neckline resistance @.1582 sitting at our .382 retrace. Reaching up at our 200 EMA, in a successful price crossover we're looking at .1744 sitting at our our 2nd neckline resistance at our .618 retrace. Sideways pressure marked around .1663 . Volume spikes will be significant here.
Comment:
Keeping an eye on our EMA here as our 10,20 cross over 200, 50 reaching up on the 1hr. MACD cross over signal line.
Starting for a break over our .382 retrace from our bull pen taking form over the last 48 hours reaching up at our 2nd neckline resistance.
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