OGFXTRADER

DOGE forming a bullish wedge pattern

Long
BINANCE:DOGEUSDT   Dogecoin / TetherUS

Dogecoin price action has been trading into a tight range, unable to record a new ATH is currently forming a bullish continuation pattern (bullish wedge). The high potential to reach the $1 mark opens good entry opportunities as the price is bouncing up from the support level from the pattern.

That $1 mark forecast is coming from the Fib Ext tool and supported by the pattern's pole projection.

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