You can see the triangle in the chart.
It was supposed to stay within it, but it decided to go under it.
I think it will be hard for doge to gain traction again to rise.
IMO it will go down noticeably from here.
My take is $0.048/0.04€ as there was a support earlier.
I think that by 23rd or 24th doge will rocket upwards (obviously rocket is is relative)
you can see the support and resistance in the picture which it will bounce back and forth in until 23rd-24th imo.
Bullish Engulfing Pattern
What Is a Bullish Engulfing Pattern?
A bullish engulfing pattern is a white candlestick that closes higher than the previous day's opening after opening lower than the previous day's close. It can be identified when a small red candlestick, showing a bearish trend, is followed the next day by a large yellow candlestick, showing a...
As you can see there is a strong support going on in the chart.
My prediction is that the support will cause the price to follow within the triangle and then near the end have a breakout to the upper red rectangle.
Seems like dogecoin is close to a breakout as you can see by the triangle.
There's also a support there so it's likely to go upwards to the upper red box.
Bullish Cup and Handle breakout pattern formed
Bullish Symmetric triangle pattern formed
Buying opportunity for higher profits
Hold on tight to the doggy..
Our position in DOGECOIN. unknown of the certainty and absolutely not financial advice unless you are an expert in rockets. In that case its not financial advice.
