DOGE/USDT - setting up for the next leg up - falling wedge

Long

Dogecoin / TetherUS (BINANCE:DOGEUSDT)

Mis à jour

BINANCE:DOGEUSDT Dogecoin / TetherUS

trendanalysis harmonicpatterns chartpattern fallingwedge dogecoin fibonacciextension highrisk

DOGE is currently in a falling wedge on both the BTC and USDT pair which will likely lead to a breakout in the next few days.
Buy zone is around 0.0029 - 0.0035, try to get in closer to the trend line or wait for a breakout first depending on your risk tolerance.

This is a high risk - high reward trade so manage your position size accordingly.

Good luck and let me know what you think!

Transaction en cours:

Bullish breakout on both the USDT and BTC pair confirmed.
Good luck and best of returns to you all!

Commentaire:

DOGE is currently setting up a double bottom pattern and seems to have found support on the uptrend from the 29-32 sats range.
Keep in mind that trend lines act more like small ranges on low sat coins.
Here's the idea:

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