BINANCE:DOGEUSDT   Dogecoin / TetherUS

Welcome to this analysis about DOGE and the 2-day timeframe perspectives. In recent times I discovered that DOGE is building a pivotal formation in the structure which has some great potentials to complete in the upcoming times and with completion of this formation we can expect some great determinations to show up. Therefore as when looking at my chart, we can watch there how DOGE is building this huge triangle-formation with the coherent wave-count within the formation and the waves A to D almost already completed. Also as we all know DOGE showed up with these massive bullish impulse-wave price-actions to the upside forming this massive major wave-A to the upside which is almost now building the flag-pole of this bullish symmetrical-triangle-formation. Once this whole formation has been completed it will offer a great setup for further movements, the whole formation will be completed with a breakout above the upper-boundary of the formation and when DOGE finally shows up with this it will be the setup for further continuations and activation of the upside-target-zone at the 1.3 USD level which is marked in blue in my chart, one this zone has been reached the situation needs to be elevated anew and DOGE needs to show if it manages to continue bullishly from there on or firstly shows up with a reversal to the downside, for now, we should keep patient for the completion of the formation with a breakout before moving to the further suggested conclusions, it will be an important development.

In this manner, thank you for watching the analysis, it will be great when you support it with a like, follow and comment for more upcoming market analysis, all the best!
"Good fortune is when opportunity meets preparation."

Information provided is only educational and should not be used to take action in the markets.

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