DOGE Breaking Out of A Massive Bullish Pennant

Long

Dogecoin / TetherUS (BINANCE:DOGEUSDT)

Updated

BINANCE:DOGEUSDT Dogecoin / TetherUS

Chart Patterns Trend Analysis Technical Indicators

chartpattern trendanalysis indicator

DOGE has a beautiful weekly chart that is breaking out of a 2.5 year pennant. I love the risk reward here. I'm long.

Comment:

After a solid breakout to .0875, we had a hard rejection back under resistance on the 4 hour chart. Be prepared for further downside as BTC is looking weak and ready to lose $36k.

snapshot

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