Dogecoin
Long
Updated

Dogecoin - All Things Are Very Bullish!

3 528
Dogecoin (DOGEUSD) will create new highs soon:

snapshot

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 (DOGEUSD):

snapshot

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 (DOGEUSD):

snapshot

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)

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