Dogecoin (
DOGEUSD) will create new highs soon:

Click chart above to see the detailed analysis👆🏻
After we saw the expected triangle breakout back in mid 2024, Dogecoin has been rallying about +500% and is now retesting the previous all time highs. Following the overall crypto bullishness, a breakout is very likely which will then be followed by a second parabolic rally.
Levels to watch: $0.2, $0.5
Keep your long term vision,
Philip (BasicTrading)
Click chart above to see the detailed analysis👆🏻
After we saw the expected triangle breakout back in mid 2024, Dogecoin has been rallying about +500% and is now retesting the previous all time highs. Following the overall crypto bullishness, a breakout is very likely which will then be followed by a second parabolic rally.
Levels to watch: $0.2, $0.5
Keep your long term vision,
Philip (BasicTrading)
Trade active
Trading update on Dogecoin (Click chart above to see the detailed analysis👆🏻
Higher timeframe structure is just perfectly playing out once again after Dogecoin perfectly retested and now rejected the major previous horizontal level. With such a bullish move, it is quite likely that we will eventually also break above the previous all time high resistance.
Levels to watch: $0.2, $0.5
Keep your long term vision,
Philip (BasicTrading)
Trade closed: target reached
Trading update on Dogecoin (Click chart above to see the detailed analysis👆🏻
Dogecoin just perfectly retested the expected horizontal structure and is now starting to create some bullish confirmation on the smaller timeframes. Dropping -50% during a bullrun is not unexpected though and just look at what happened thereafter back in 2017.
Levels to watch: $0.2, $0.5
Keep your long term vision,
Philip (BasicTrading)
Philip - Swing Trader
Free: "Elite Trading" Community👇🏻
discord.gg/jgdrYXwqyD
#LONGTERMVISION
Free: "Elite Trading" Community👇🏻
discord.gg/jgdrYXwqyD
#LONGTERMVISION
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.
Philip - Swing Trader
Free: "Elite Trading" Community👇🏻
discord.gg/jgdrYXwqyD
#LONGTERMVISION
Free: "Elite Trading" Community👇🏻
discord.gg/jgdrYXwqyD
#LONGTERMVISION
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.