DOGEUSDT recently broke out of a bullish wedge, triggering an upward price move. It has now formed a bullish flag pattern, with the price currently in a corrective phase. The correction could extend to the 0.5 Fibonacci retracement level around 0.22, after which traders will be watching for a breakout above the flag’s trendline.
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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.