Dogecoin / TetherUS
Long

🔥 DOGE Bullish Triangle Break Out?

3 943
Around a week ago I made an analysis on DOGE. Here I argued that DOGE was in the early stages of forming a bullish triangle.

🔥 DOGE Early Signs Of Bullish Triangle


As seen in my previous analysis, DOGE did indeed go down to re-test the triangle's support line and saw a bullish reversal from there.

The current bullish move saw a daily close above the triangle's resistance, which could indicate that a break out is at hand. In that case, the first major target is placed at $0.30. Be aware that DOGE might want to re-test the bottom trend line again.

Happy trading!

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.