Today we'll be analyzing the dogecoin from the 120 chart.
We've seen series of false breakdowns from our amazing trendline which acted as a support and resistance wedge. Unfortunately the recent month low could not form a false breakdown rather we saw the price bouncing off the support.
We could see a potential short term bull ride up to the horizontal wedge resistance or a repeat of March DOGE price summary.
Manage risk accordingly, this is only an insight.
We've seen series of false breakdowns from our amazing trendline which acted as a support and resistance wedge. Unfortunately the recent month low could not form a false breakdown rather we saw the price bouncing off the support.
We could see a potential short term bull ride up to the horizontal wedge resistance or a repeat of March DOGE price summary.
Manage risk accordingly, this is only an insight.
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