Coinpedia-Market-Insight

Symmetrical triangle in Dogecoin

BINANCE:DOGEUSDT   Dogecoin / TetherUS
* Dogecoin in 4H time-frame forms Symmetrical triangle.
* Symmetrical triangle pattern occurs when the price consolidates between two trend-lines slightly sloping towards each-other, the price is squeezed till it breaks the either side of the pattern.
* If the price breaks either side of the pattern we can expect a healthy move.
Comment:
Breakout of upper trend-line, First target hit.

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