DOGE has respected the double top formation and looks to retest rising wedge support.
A rising wedge is a bearish pattern, but as we know DOGE is moving parabolic.
If rising wedge support can not hold, a retest towards $0.25 area could occur which would create a double bottom which is a strong bullish indication.
A rising wedge is a bearish pattern, but as we know DOGE is moving parabolic.
If rising wedge support can not hold, a retest towards $0.25 area could occur which would create a double bottom which is a strong bullish indication.
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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.