Target .66 and .74 has been hit
After .74 has been hit, a channel up formed calling for a small retracement back to .66
I sold My daily profit at .74 and re entered with .67
Right now, the charts are consolidating and it appears to be an ascending triangle.
When charts are consolidating, the pattern can change as it goes. So I always keep an eye on it.
Soooo, Doge formed a Falling wedge, retested support to .55 and as low as .50.
Consolidated all day yesterday. This morning I woke up to it bouncing off of the support and breaking the Falling wedge.
It retested support and retested the triangle now it's sitting there consolidating getting ready for another upward movement.
Target 1. .66
Target 2. .74
Target 3 .80
I believe the retest to the support line has been completed and now there is a triangle formed. There is a inverse head and shoulders that has formed inside of the triangle. If this is true, my next target is .66.
After that, If it breaks the triangle, My next target will be .80!