BINANCE:DOGEUSDT is attempting to break through the correction in order to continue the uptrend. On W1 the price enters a new channel and opens a new potential.
On D1 a reversal pattern is forming with the subsequent formation of a pre-breakout formation. The market is buying back the fall in a few days and preparing for realization. This generally indicates a high interest in the coin. On W1 DOGE enters a new channel 0.16 - 0.34, which in general opens a huge potential for the meme coin in the medium and long term. On H4, the price breaks the bearish channel resistance (correction channel). A consolidation above the resistance and a retest of the 0.1800 area is being formed. A breakout of this line will open the potential for the coin and also confirm the end of the correction.
Resistance levels: 0.1800, 0.20637 Support levels: 0.16900, 0.14528
I expect the realization of the breakout of resistance with the subsequent distribution of the price to the specified targets
Regards R. Linda!
Comment
⋅
Price closing close to 0.18 will form a pre-breakout potential
Comment
⋅
Intermediate targets for intraday trading may have been reached. The coin is trading above the key level
Trade closed: target reached
⋅
0.20637 reached
Comment
⋅
0.22 reached
Trade active
⋅
Comment
⋅
A small correction ends Price resumes growth to the specified targets ;)
@DelmarFinancialSolution but look at the circulation supply look at the volume....we need billions of $$ to achieve that number yeah it's possible but less than 20%