DOGS / TetherUSLong
DOGSUSDT: Breakout from falling wedge!!
Updated
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Let's analyse DOGSUSDT technically.
DOGS Coin (DOGSUSDT) has recently broken out of a falling wedge pattern. The subsequent retest of the support level appears to be complete, suggesting a potential bullish trend reversal.
A bullish crossover in the MACD indicator on the daily timeframe further supports this bullish outlook. This positive technical signal indicates that the upward momentum is likely to gain strength. Price is supported by 200MA in 4 hour Timeframe.
Potential Price Targets:
A significant 80-90% rally is anticipated.
Key Support and Resistance Levels:
Support: $0.0006316, $0.0004855
Resistance: $0.0008000, $0.0009569
If you find this analysis helpful, please hit the like button to support my content! Share your thoughts in the comments and feel free to request any specific chart analysis you’d like to see.
Happy Trading!!
In-depth market analysis
Accurate trade setups
Early access to trending altcoins
Life-changing profit potential
Let's analyse DOGSUSDT technically.
DOGS Coin (DOGSUSDT) has recently broken out of a falling wedge pattern. The subsequent retest of the support level appears to be complete, suggesting a potential bullish trend reversal.
A bullish crossover in the MACD indicator on the daily timeframe further supports this bullish outlook. This positive technical signal indicates that the upward momentum is likely to gain strength. Price is supported by 200MA in 4 hour Timeframe.
Potential Price Targets:
A significant 80-90% rally is anticipated.
Key Support and Resistance Levels:
Support: $0.0006316, $0.0004855
Resistance: $0.0008000, $0.0009569
If you find this analysis helpful, please hit the like button to support my content! Share your thoughts in the comments and feel free to request any specific chart analysis you’d like to see.
Happy Trading!!
Trade active
Perfect bounce from the support level.
Dogs currently trading above the resistance level.
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