Doge is showing some strength recently, that’s why i decided to share an update about it’s price action.
What i’m expecting and what i would like to see happening is an inverted H&S with a bullish re-test of the broken falling wedge.
For now we have low volume but the price is already showing good strength, this means sell pressure isn’t so big as it was some months ago.
This is a pattern i would like to see play because we would have a bullish re-test of an important resistance, in the right shoulder of the H&S. The probabilty of this happening, if the falling wedge is broken to the upside, are high.
The crypto market is looking good recently, is something coming? A big move to the upside? Or to the downside? Share your toughts, im curios of your opinion!
What i’m expecting and what i would like to see happening is an inverted H&S with a bullish re-test of the broken falling wedge.
For now we have low volume but the price is already showing good strength, this means sell pressure isn’t so big as it was some months ago.
This is a pattern i would like to see play because we would have a bullish re-test of an important resistance, in the right shoulder of the H&S. The probabilty of this happening, if the falling wedge is broken to the upside, are high.
The crypto market is looking good recently, is something coming? A big move to the upside? Or to the downside? Share your toughts, im curios of your opinion!
