DOGE - DON'T MISS out on ALTSEASON 2.0 !

19 Jul 2024

Yesterday we took a look at altcoins that are strong currently - and today I'm adding another, DOGEUSDT.

✅ From a technical indicator perspective, Doge is ready to reclaim a key trendline, as the price is consolidating right under it (bullish). "Extremely Oversold" is usually a good place to buy:


✅ From a Chart Pattern perspective, we observe an inverse Head and Shoulders pattern forming, which is also bullish and confirms a direction reversal. Furthermore, a total of -60% has been retraced and this is prime time for a new upwards wave:


✅ From a trendline analysis, we have successfully reclaimed the neckline after closing daily candles ABOVE the old peak:


I conclude to say that according to the trend and all other signs - the price is short term and long term bullish from here.

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DOGEUSDT

21 Jul 2024

Trade aktif

DOGE up 12%, looking strong:

24 Jul 2024

Catatan

Bullish Inverse H&S pattern on DOGE. The market is making W-Bottoms. Altseason 2.0 seems likely but only after another round of BTC increase.