When In Doubt Zoom Out: DogeGov in Bullish Wedge Pattern
Doge Gov is building for a much bigger breakout.
This was originally a Bull Flag and has now turned into a large Bullish Wedge pattern.
Bullish Wedge Pattern
The bullish wedge pattern, also known as the rising wedge, serves as a significant bullish continuation signal. It takes shape within an uptrend as prices form higher highs and higher lows, converging into a narrowing range. A breakout above the upper trendline suggests a bullish continuation, which can be advantageous for traders seeking to capitalise on an ongoing upward trend.
PT is in the $3-4 range when continuation pattern moves to the upside.
This was originally a Bull Flag and has now turned into a large Bullish Wedge pattern.
Bullish Wedge Pattern
The bullish wedge pattern, also known as the rising wedge, serves as a significant bullish continuation signal. It takes shape within an uptrend as prices form higher highs and higher lows, converging into a narrowing range. A breakout above the upper trendline suggests a bullish continuation, which can be advantageous for traders seeking to capitalise on an ongoing upward trend.
PT is in the $3-4 range when continuation pattern moves to the upside.
Penafian
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