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Dogecoin - The Final Break And Retest!

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Dogecoin (DOGEUSD) is confirming the final retest:

snapshot

Click chart above to see the detailed analysis👆🏻

After we saw the textbook retest of the previous all time high about three months ago on Dogecoin, so far we also saw the expected correction of about -50%. However Dogecoin is about to confirm the bullish break and retest, which eventually leads to a parabolic rally and new highs.

Levels to watch: $0.2, $0.5, $5.0

Keep your long term vision,
Philip (BasicTrading)
Trade ativo
Trading update on Dogecoin (DOGEUSD):

snapshot

Click chart above to see the detailed analysis👆🏻

Yesterday we perfectly saw how fast cryptos can move with Dogecoin pumping +15% in less than a couple of hours. The overall bullish trend and the higher timeframe break and retest are still valid, all we need now is some bullish confirmation at the current area.

Levels to watch: $0.2 $0.5, $5.0

Keep your long term vision,
Philip (BasicTrading)
Trade fechado: objetivo atingido
Trading update on Dogecoin (DOGEUSD):

snapshot

Click chart above to see the detailed analysis👆🏻

It all just comes down to Dogecoin now being able to reject the current horizontal support level. Then, this will turn into a textbook bullish break and retest, targeting new all time highs but if we don't see the bullish confirmation, a crash will probably follow soon.

Levels to watch: $0.2 $0.5

Keep your long term vision,
Philip (BasicTrading)

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