It is time to explode! Everyone are waiting for it.
So this reversal head and shoulders may be a good signal to make first step of getting to the sky.
The volatility of a coin is high on small frames but it is still in side trend now.
So follow the chart and look for the breakout carefully.
If you enjoy my FREE Technical Analysis , support the idea with a big...
Chart speaks for itself.
Mixed opinions on Doge. It is what it is.
Perfect timing with the weekend approaching as retail investors still seem to love the meme coin.
A few social media posts timed well could kick this back into gear.
Personally I'll be looking for either the break or rejection over the next 24 hrs or so to give a better indication of...
Here we go again, revised idea (check the related one). Triangle finally seems to be mature, and our beloved friend is ready to bring us RRR 13, lucky number! Invalidated when SL level hit (even if BUY STOP-LIMIT not filled before).
Right here is an inverse head and shoulder pattern indicating a signal to buy.
As seen on the chart, take profits has been set to:
Take profit 1: 0.0607633
Take profit 2: 0.0659160
Take profit 3: 0.0811811
Take profit 4: 0.0850000
What do you think?
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We still believe, wolves🔥
However traders should be realistic. So there are two possible scenarios.
First is that the price breaks resistance zone and it would be a signal to grow for this altcoin.
Second, the price will break support zone and previous head and shoulders pattern won't work with high probability.
Follow the chart and look for the breakout.
Dogecoin on the daily chart hasn't looked this healthing in a few weeks. Buyers showing strong support at the 5 cent line now trading in a tight range a sign of a breakout soon imo. Anyone with any additions to my analysis I'm just learning how to read charts any comments are appreciated :)
". There is a possibility of temporary retracement to suggested support line (0.045185).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
. DOGEUSD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at...