Analysis of #DOGEUSDT
DOGEUSDT has been falling for a while and I think we might have a bottom near the key support level of 0.100 if you look at the weekly chart you can see we have a falling wedge pattern and we this pattern tends to break to the upside.
if the market retest my key level support near 0.100 we look to initiate a buy near that level, however, if the market continues to breakout above trend line resistance level also key resistance level 0.2000, we can then enter with breakout direction expecting the market to test the next level of resistance
⚡ Be aware that due to the global tension we currently live In, markets are not following or respecting chart patterns and technical analysis.
________________________________________
💭 | Comment your thoughts below, I always answer.
📥 | Feel free to message me if you have any questions.
Thanks for your continued support!
DOGEUSDT has been falling for a while and I think we might have a bottom near the key support level of 0.100 if you look at the weekly chart you can see we have a falling wedge pattern and we this pattern tends to break to the upside.
if the market retest my key level support near 0.100 we look to initiate a buy near that level, however, if the market continues to breakout above trend line resistance level also key resistance level 0.2000, we can then enter with breakout direction expecting the market to test the next level of resistance
⚡ Be aware that due to the global tension we currently live In, markets are not following or respecting chart patterns and technical analysis.
________________________________________
💭 | Comment your thoughts below, I always answer.
📥 | Feel free to message me if you have any questions.
Thanks for your continued support!
