Doge is breaking out of a symmetrical triangle, and the R.S.I is reflecting this move with a downtrend (now seen as breaking upward). staying above the orange line seen on the R.S.I Chart is ideal (but not necessary, as R.S.I Divergence would signal an even more Bullish trend).
Doge is also trading nicely within classic Fibonacci retracement levels, and is finding support at $0.23 (78% marker-blue line).
several touches on the symmetrical triangle can be seen (purple circles) with a green candle showing a breakout from the upper trendline, signaling a impending trend change (to the upside).
Using a copied bars pattern (from September 7th to September 29-purple bars) and flipping it, Dodge could see a price of $0.35 by November 4th. I would expect Doge to stay within the parallel trendlines (yellow parallel trendlines).
resistance/ceiling at $0.35-$0.44.
related Doge published ideas posted below:
Doge is also trading nicely within classic Fibonacci retracement levels, and is finding support at $0.23 (78% marker-blue line).
several touches on the symmetrical triangle can be seen (purple circles) with a green candle showing a breakout from the upper trendline, signaling a impending trend change (to the upside).
Using a copied bars pattern (from September 7th to September 29-purple bars) and flipping it, Dodge could see a price of $0.35 by November 4th. I would expect Doge to stay within the parallel trendlines (yellow parallel trendlines).
resistance/ceiling at $0.35-$0.44.
related Doge published ideas posted below:
Comment:
Possible Scenario for
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@Shibtoken
and
@dogecoin
and their linked pricing. Subscribe to my "Trading Patreon" and get a leg up on the competition!
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