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thecryptochart

Crypto DOGE Descending Wedge breakout.Just consolidated.Get Long

Long
Dogecoin / TetherUS (BINANCE:DOGEUSDT)  
thecryptochart  
BINANCE:DOGEUSDT   Dogecoin / TetherUS
Chart Patterns Technical Indicators doge dogecoin
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chartpattern indicator doge dogecoin

Crypto - Dogecoin - Doge has just completed a descending wedge. It has broken out. And now it has consolidated. Should be a solid entry point. RSI is higher on the consolidation showing buying strength. STO is low and ready for a jump. Volume was high on the breakout candle. The target based on the descending wedge is 0.11. Time to buy.

Volume was strong on the breakout.

RSI - Relative strength is above 50 showing buyers are in control.

STO - Slow stochastic is low so ready for a nice bounce up.

Price 0.083.

Target 1 = 0.11

Stop Loss 0.075
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