DOGECOIN 🔥🔥🔥
DOGE/USDT movement analysis according to the picture:
1. General pattern (Structure):
The currency is moving in an upward range on the 4-hour time frame, with improving momentum.
We noticed Higher High (H.H) and Higher Low (H.L) formations which indicate a continued uptrend.
The Bull Run area identified represents a strong resistance level.
2. Head and Shoulders Pattern:
If the Bull Run area (resistance line) is broken, we may witness the realization of an inverse head and shoulders pattern.