A Wedge in Doge?
Updated
I've been trying hard to find a pattern in DOGEUSDT since it started to correct the price, but it was not clear to me at all.
But with "That Candle" which almost gave us a heart attack, I'm thinking maybe a wedge is about to emerge! and the candle also showed us "That significant area".
So as much as I've read in books, the price mostly tends to break the pattern when it reaches to two thirds of the pattern.
The pattern from start to where the lines meet is about 466 candle/days (in daily chart ). thus, 155 candles left to the end of the wedge pattern is where I expect the price to break the pattern.
I also wanted to point out where RSI is right now, so I hope the price comes up fast again.
that's all folks !
I'll be glad to read your thoughts about my opinion.
But with "That Candle" which almost gave us a heart attack, I'm thinking maybe a wedge is about to emerge! and the candle also showed us "That significant area".
So as much as I've read in books, the price mostly tends to break the pattern when it reaches to two thirds of the pattern.
The pattern from start to where the lines meet is about 466 candle/days (in daily chart ). thus, 155 candles left to the end of the wedge pattern is where I expect the price to break the pattern.
I also wanted to point out where RSI is right now, so I hope the price comes up fast again.
that's all folks !
I'll be glad to read your thoughts about my opinion.
Note
So far so good
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