Don't think I've seen something like this specifically in a long time so not sure what it indicates. Looks like a pennant formed off the previous pennant and subsequent upshoot. Hopefully, this helps the next leg higher as DOGEUSD continues to gain mainstream appeal.
I have titled this piece the BTCUSD MAR80000C.
Some say they can see a painting of a bull when turned upside-down.
This is my bare minimum price target for which I will trim 1/3 of my position. Maybe.