Dogecoin Primed For Liftoff?!

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Here I have DOGEUSD on Daily & 1Hr Chart!

A lot of Bullish signs are popping up on all Time-Frames for DOGEUSD! Let's lay it out:

Daily Chart-
*Price made its Lowest Low @ .0805
*Price has created a Bullish Divergence on the RSI when price was able to make a Higher High @ .1321, disrupting the Downtrend Pattern.
*Fib Retracement Tool from the Lowest Low to Higher High places the Golden Ratio Zone @ ( .1033 - .1002 ) where Price has already Retraced to and is showing Exhaustion from the Bears!

1Hr Chart-
*Zooming into the Golden Ratio Zone, we see Price is exhibiting signs of a Bullish Wedge, potentially in the Reversal Variation!
*Lower Lows on Price creating Bullish Divergence with Higher Lows on RSI

I suspect we will see Price give us a Bullish Break to this Wedge and continue creating Higher Highs/Higher Lows continuing the Uptrend which will then contend with the Resistance Levels:
( .1355 - .1440 )
( .1700 - .1800 )
( .1990 - .2200 )

**If Price gives us a Bearish Break to the Wedge, Be Vigilant to False Breaks testing the .09 cent Support Level & Rising Support

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Ghi chú

We have a Valid Break of the Bullish Wedge Reversal!

Price has tested the Dynamic S&R on the 4Hr Chart; Wick gave us a Higher High, Equal High by Close standards.

After the Break, a good amount of Bullish Volume comes with Prices push up!

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Giao dịch đang hoạt động

Price on DOGE has retraced to the 61.8% Fibonacci Level!