🔥 DOGE Bearish Channel Break Out

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DOGE has been, like most cryptos, trading downwards for quite some time. With BTC's outlook being more bullish over the last few days, DOGE has finally broke out of the bearish channel, potentially marking a new path upward.

Be aware that DOGE (like all other cryptos) is highly correlated to BTC. So this break out will resume as long as BTC does not fall.

Potential target $0.50

Happy trading!
Nota
Break out is losing steam whilst BTC is falling. Entry has not been hit yet.
Nota
Bullish price action has returned, entry hit
Bitcoin (Cryptocurrency)BTCChart PatternscryptodogeTechnical IndicatorsParallel ChannelTrend Analysisusdt

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