Following our educational post about flag patterns, we are now seeing a bullflag for Dogecoin.
After the breakout of the descending wedge at the end of May, we had a nice impulse and now we are in a correction that looks to be a bull flag. The bull flag support lines up nicely with our previous structure and the 100EMA.
Watch for buying pressure at the 0.28 level. Alternatively, watch for a breakout of the flag!
Refer back to our educational post on how to trade flags. See linked chart below.
After the breakout of the descending wedge at the end of May, we had a nice impulse and now we are in a correction that looks to be a bull flag. The bull flag support lines up nicely with our previous structure and the 100EMA.
Watch for buying pressure at the 0.28 level. Alternatively, watch for a breakout of the flag!
Refer back to our educational post on how to trade flags. See linked chart below.
