Recently we saw a chart almost identical to this one, it was Cardano and it broke bullish as the signals suggest.
A bullish breakout happened 23-October after Dogecoin closed above EMA50. ➖ EMA50 is definitely bullish and here it is confirmed by the strongest candle in months after this level failed as resistance.
Soon after we get a new daily high, with price swings and retraces staying above EMA10. ➖ EMA10 defines the short-term bias, above it we have a strong bullish bias and this is confirmed as DOGEUSDT continues green.
We end up with this dynamic after a bullish breakout takes place; ➖ Bullish consolidation, a strong RSI, rising volume = straight up.
✔️ You can find short-term targets, likely to hit fast, mapped on the chart. ✔️ You can find a full-trade signal with 7X lev. by visiting the 'Related Ideas' below.
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