Wolfy_

DOGE/USDT - consolidation phase could come to an end soon

Long
BINANCE:DOGEUSDT   Dogecoin / TetherUS
DOGE/USDT has been in a consolidation phase for the past few weeks and due to the BTC price increase the DOGE/ BTC pair has suffered quite a bit but the USDT price has been pretty stable.
DOGE is very close to the tip of a symmetrical triangle so we'll likely see a decision soon and finally some movement.
Wait for a breakout before you enter so you don't get stuck in case the consolidation continues or the formation breaks out to the downside.

Best of luck and let me know what you think.

Comments

breakout confirmed i guess
Reply
Wolfy_ utsavg123
@utsavg123, Pushed through the resistance as I was writing the description, looks good so far but still too early to be a hundred percent confident.
+1 Reply
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