DOGEUSD- Possible descending triangle breakout - Target 0.1249
Doge has formed a descending triangle and tested the bottom of the trading range at 0.054.
Id expect an impulsive move back up to test the first area of resistance at 0.12 followed by 0.15
But what if Doge is unable to move to the top of the range at 0.1249 ?
-------------------------------------------------------------------------
.....Then id expect upwards traction to fizzle out at around the 0.096 area.
Id expect an impulsive move back up to test the first area of resistance at 0.12 followed by 0.15
But what if Doge is unable to move to the top of the range at 0.1249 ?
-------------------------------------------------------------------------
.....Then id expect upwards traction to fizzle out at around the 0.096 area.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.