Dogecoin is looking bullish here for a couple of reasons:
1) Chart Pattern Inverse Head and Shoulders in the Daily
2) Technical Indicator "BUY" flash in the weekly
3) Trendline Analysis Higher lows, consistently
If you've been following, you'll know I've been looking at a multi-month playout where we can expect another impulse wave up in Bitcoin as well as for altcoins, naturally. A few days ago I made a post on why I believe the corrective phase is over, and why we're likely in the beginning of the new impulse wave up. 👇
It's important to note that this impulse wave is potentially another multi month playout. But with patience, and courage, it can be a rewarding upcoming few months.
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