Yello, Paradisers! Are you watching #DOGE closely? Because a breakout is forming right in front of our eyes, and most traders won’t be ready for it.
💎After completing a clean ABC correction, DOGE formed an inverse head and shoulders pattern which is a classic bottom structure that has already initiated its breakout with a strong first push from the bulls. This was a major shift in sentiment, and momentum is clearly shifting in favor of buyers.
💎#DOGEUSDT is currently forming a bullish flag patten, a consolidation pattern that signals continuation rather than exhaustion. This ongoing flag has held firm over the past few days, and price is now coiling tighter, indicating that a fresh breakout is nearing. If the bulls maintain control, the next leg higher is about to be triggered.
💎The critical level to watch is $0.2325. A clean break above this resistance would activate the next impulse move, opening the door toward $0.250 as the first target, followed by $0.2620. That is where some profit-taking is likely to occur, but as long as bulls hold momentum, the rally is unlikely to stop there.
💎The full target of the bull flag formation extends into the $0.300–$0.3200 region. This area is not just a technical objective rather it’s also a strong horizontal resistance zone and aligns with the 61.8% Fibonacci retracement level from the previous move down. This convergence makes it a high-risk, high-reward area and a critical decision point for the market.
💎DOGE remains technically supported at the $0.2100 level, which has proven resilient during short-term pullbacks. Below that, both the EMA-200 and EMA-50 are providing additional support. These two moving averages are on the verge of forming a golden cross — one of the strongest signals in trend continuation analysis, reinforcing the medium-term bullish outlook.
Paradisers, strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler.
MyCryptoParadise
iFeel the success🌴
💎After completing a clean ABC correction, DOGE formed an inverse head and shoulders pattern which is a classic bottom structure that has already initiated its breakout with a strong first push from the bulls. This was a major shift in sentiment, and momentum is clearly shifting in favor of buyers.
💎#DOGEUSDT is currently forming a bullish flag patten, a consolidation pattern that signals continuation rather than exhaustion. This ongoing flag has held firm over the past few days, and price is now coiling tighter, indicating that a fresh breakout is nearing. If the bulls maintain control, the next leg higher is about to be triggered.
💎The critical level to watch is $0.2325. A clean break above this resistance would activate the next impulse move, opening the door toward $0.250 as the first target, followed by $0.2620. That is where some profit-taking is likely to occur, but as long as bulls hold momentum, the rally is unlikely to stop there.
💎The full target of the bull flag formation extends into the $0.300–$0.3200 region. This area is not just a technical objective rather it’s also a strong horizontal resistance zone and aligns with the 61.8% Fibonacci retracement level from the previous move down. This convergence makes it a high-risk, high-reward area and a critical decision point for the market.
💎DOGE remains technically supported at the $0.2100 level, which has proven resilient during short-term pullbacks. Below that, both the EMA-200 and EMA-50 are providing additional support. These two moving averages are on the verge of forming a golden cross — one of the strongest signals in trend continuation analysis, reinforcing the medium-term bullish outlook.
Paradisers, strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler.
MyCryptoParadise
iFeel the success🌴
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Do you Want to start trading like a PRO?
Follow a team of traders with 10+ years of experience?
Join FREE👉 t.me/+QwK2mkoTGBU0Nzc0
🎖️Or Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals 👉 shorturl.at/ikpAV
Follow a team of traders with 10+ years of experience?
Join FREE👉 t.me/+QwK2mkoTGBU0Nzc0
🎖️Or Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals 👉 shorturl.at/ikpAV
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.