Is $DOGE forming a Cup & Handle?
What’s your take on this?
Looks like $DOGE might be forming a Cup & Handle, but there are some grey areas.
The right top is higher than the left one, which technically weakens the structure… But if we ignore the wick, the difference is just around 10%, which some would say is still within the “acceptable” range... yeah, I might be stretching it a bit 😅
As for the handle, price pulled back to the 0.5 fib, but flirted with the 0.382 zone, which is roughly 1/3 of the cup height, so it kinda fits the textbook.
What do you think? solid pattern or are we seeing what we want to see?
