DOGE is on a big triangle which requires a breakout now
Market Instrument: DOGEUSDT
Timeframe: DAILY
Analysis: Technical
Structure: Resistance and Reversal
Prediction: Bearish
DOGE has formed a big triangle on the daily timeframe where this requires a bullish breakout now. The upper boundary on the following triangle is remaining stronger and acts as a resistance to control the buying pressure for a few months. Hopefully waiting to see a good bull rally with a strong bullish breakout confirmation.
Timeframe: DAILY
Analysis: Technical
Structure: Resistance and Reversal
Prediction: Bearish
DOGE has formed a big triangle on the daily timeframe where this requires a bullish breakout now. The upper boundary on the following triangle is remaining stronger and acts as a resistance to control the buying pressure for a few months. Hopefully waiting to see a good bull rally with a strong bullish breakout confirmation.
Timeframe: DAILY
Analysis: Technical
Structure: Triangle and Breakout
Prediction: Bullish
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