Dogecoin price action has been trading into a tight range, unable to record a new ATH is currently forming a bullish continuation pattern (bullish wedge). The high potential to reach the $1 mark opens good entry opportunities as the price is bouncing up from the support level from the pattern.
That $1 mark forecast is coming from the Fib Ext tool and supported by the pattern's pole projection.
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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.