$DOGE
may be approaching a potential market breakout turning point — the key could come within the next two days. 🤨
Let’s take a look at DOGE’s 1H candlestick chart. It has formed a fairly standard triangle consolidation pattern.
Remember the triangle setup I mentioned about two weeks ago? After DOGE clearly broke above $0.092 and confirmed the trend, it moved directly toward the previous high around $0.11.
Back to the current setup: a triangle breakout does NOT guarantee a large one-direction move. However, for trend-following setups, a confirmed breakout can provide a clearer trading structure than many other setups.
Stay alert — DOGE could present an opportunity sometime this week. 🫡
DOGEUSDT
Perp
may be approaching a potential market breakout turning point — the key could come within the next two days. 🤨
Let’s take a look at DOGE’s 1H candlestick chart. It has formed a fairly standard triangle consolidation pattern.
Remember the triangle setup I mentioned about two weeks ago? After DOGE clearly broke above $0.092 and confirmed the trend, it moved directly toward the previous high around $0.11.
Back to the current setup: a triangle breakout does NOT guarantee a large one-direction move. However, for trend-following setups, a confirmed breakout can provide a clearer trading structure than many other setups.
Stay alert — DOGE could present an opportunity sometime this week. 🫡
DOGEUSDT
Perp
