LIVEDOGE Gearing Up For A 35% Pump?
DOGE is potentially forming an inverse head and shoulders pattern on the daily chart.
The chart which IS NOT completed yet could catapult $DOGE towards 0.23.
➡️ To complete the pattern, #DOGE has to break through 0.165 and ideally retest this level before taking off.
➡️ The target price of 0.23 is calculated by applying the inverted head and also represents a major resistance.
➡️ Doge‘s technical indicators support the scenario. THE MACD has turned bullish and momentum indicators are neutral.
🚨 When looking at the volume, the numbers do not second this chart pattern perfectly. Although this isn’t a must it slightly reduces the probability of the scenario.
➡️ Approach: Watch the level of 0.165 closely to determine an entry.
