#DOGE The current move is a long-term falling wedge pattern. The entire formation is still tightening continuously, and within the larger wedge there are several smaller descending wedges nested inside.
Once the price can effectively break upward through the wedge’s upper trendline, the market will have a chance to surge toward the chart’s core target level of $0.40.
Key reminder: If the price breaks downward and smashes through the support below the wedge, then this bullish setup is immediately invalidated.
Once the price can effectively break upward through the wedge’s upper trendline, the market will have a chance to surge toward the chart’s core target level of $0.40.
Key reminder: If the price breaks downward and smashes through the support below the wedge, then this bullish setup is immediately invalidated.
