koinmilyoner
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Bullish
🚀 DOGE Builds Momentum — Is $0.30 the Next Launch Target?
Dogecoin (DOGE), the top meme currency, is making news again owing to a surprising Ascending Triangle pattern on its daily chart. Using this attractive technical situation, a crypto expert predicts a bullish breakout that might boost DOGE prices.
Dogecoin's daily Ascending Triangle structure is evident. If a cryptocurrency breaks above resistance, this pattern of a rising support trendline and a somewhat flat resistance zone usually indicates bullish continuation.
This chart pattern has led the expert to predict that Dogecoin will hit $0.30 once it breaks out of the triangle. Trader Tardigrade's chart shows that Dogecoin has made four triangular touches—two on the rising support and two on the upper limit.
A fifth touch may lead to a breakthrough. The crypto expert expects Dogecoin to rebound toward $0.30 after breaching resistance, as seen by the increasing purple arrow.
Since DOGE is still in the Ascending Triangle, Trader Tardigrade observes as it tries the top border. Dogecoin might rise 42.5% from $0.206 if momentum and volume maintain.
A converging wedge formation on the Dogecoin H4 chart supports Trader Tardigrade's $0.30 rally prediction. This chart pattern indicates price compression before a breakthrough.
The study indicates that Dogecoin is trading inside two steadily shrinking trendlines—one downward, providing resistance, and the other upward, giving support. Multiple sessions have seen DOGE's price bounce between these limits as it consolidates.
Dogecoin is at the support line, a crucial point that might influence its future move, according to Trader Tardigrade. The wedge shape implies bulls may soon win, as the chart shows a probable modest retest before a bullish breakthrough.
This breakthrough might drive Dogecoin beyond the upper resistance line and toward $0.29 from $0.285. The enormous green arrow on the price chart peaks during this forecast rally, suggesting DOGE will rise again.
#ElonMuskDOGEDeparture #CEXvsDEX101 #TradingTypes101 #TrumpTariffs $DOGE
Dogecoin (DOGE), the top meme currency, is making news again owing to a surprising Ascending Triangle pattern on its daily chart. Using this attractive technical situation, a crypto expert predicts a bullish breakout that might boost DOGE prices.
Dogecoin's daily Ascending Triangle structure is evident. If a cryptocurrency breaks above resistance, this pattern of a rising support trendline and a somewhat flat resistance zone usually indicates bullish continuation.
This chart pattern has led the expert to predict that Dogecoin will hit $0.30 once it breaks out of the triangle. Trader Tardigrade's chart shows that Dogecoin has made four triangular touches—two on the rising support and two on the upper limit.
A fifth touch may lead to a breakthrough. The crypto expert expects Dogecoin to rebound toward $0.30 after breaching resistance, as seen by the increasing purple arrow.
Since DOGE is still in the Ascending Triangle, Trader Tardigrade observes as it tries the top border. Dogecoin might rise 42.5% from $0.206 if momentum and volume maintain.
A converging wedge formation on the Dogecoin H4 chart supports Trader Tardigrade's $0.30 rally prediction. This chart pattern indicates price compression before a breakthrough.
The study indicates that Dogecoin is trading inside two steadily shrinking trendlines—one downward, providing resistance, and the other upward, giving support. Multiple sessions have seen DOGE's price bounce between these limits as it consolidates.
Dogecoin is at the support line, a crucial point that might influence its future move, according to Trader Tardigrade. The wedge shape implies bulls may soon win, as the chart shows a probable modest retest before a bullish breakthrough.
This breakthrough might drive Dogecoin beyond the upper resistance line and toward $0.29 from $0.285. The enormous green arrow on the price chart peaks during this forecast rally, suggesting DOGE will rise again.
#ElonMuskDOGEDeparture #CEXvsDEX101 #TradingTypes101 #TrumpTariffs $DOGE
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
