Ðogecoin 1D possible breakout scenario of 2-month pattern $DOGE
sometimes I say, a chart says more than a thousand words, wouldn't you agree?
I currently favour a break to the upside with a retest of this 2-month symmetrical triangle based on the MACD turning bullish and the MA's being in a good position. We have about a week before the triangles reaches it's apex so I might publish an update rather soon.
However If a breakdown occurs, I will trade it as it happens.
A move higher can easily be north of +100%, as for a breakdown a severe dump would follow to a maximum target of $0.022 (much doom scenario).
I currently favour a break to the upside with a retest of this 2-month symmetrical triangle based on the MACD turning bullish and the MA's being in a good position. We have about a week before the triangles reaches it's apex so I might publish an update rather soon.
However If a breakdown occurs, I will trade it as it happens.
A move higher can easily be north of +100%, as for a breakdown a severe dump would follow to a maximum target of $0.022 (much doom scenario).
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