Based on the Dogecoin chart, the falling wedge pattern suggests a potential breakout to the upside, indicating bullish sentiment. Indicators such as RSI and Stochastic RSI are showing signs of recovery from oversold conditions, supporting the possibility of upward movement. Volume appears concentrated around support zones, suggesting accumulation. With price hovering near the breakout level, a longer-term bullish trajectory aligns with your confidence in Doge's potential growth. The trend remains optimistic, with sustained support driving future gains.
The Total3 chart indicates a bullish continuation in the longer time frame. The formation of a bull flag pattern is prominent, suggesting a potential breakout to higher levels. EMA ribbons support the uptrend with solid structure, and the Stochastic RSI indicates a recovery from oversold conditions. RSI levels show momentum building, while the volume profile highlights strong support below current price zones. With these indicators aligning, the overall trend strongly supports further upward movement, making Dogecoin's longer time frame bullish projection valid.
This chart showcases a consistent trend with liquidations concentrated near key resistance and support levels. Based on the heatmap data and overall market behavior, Dogecoin appears to be bullish in the longer timeframe. The concentration of liquidation zones and steady upward movements in higher leverage positions further supports this outlook. Stochastic RSI and other indicators are aligning toward a potential bullish breakout above current resistance levels, making a strong case for a positive continuation.
Trade Details:
Entry: Around 0.31369 ( Join my Binance live for premium crypto signals )
1st Tp: 0.33659
2nd Tp: 0.35395
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