The Most Awaited Breakout Of Dogecoin DOGE Crypto Coin Is About To Happen!

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Hey friends this is a op Val and welcome to the new update on Dogecoin as in my earlier videos I’ve been showing you that Dogecoin is moving in an up channel on The Daily time frame chart and right now you can see that it is still moving

At the support of this Channel and in today’s video we will once again analyze this move and I would also like to share with you this very big breakout from this big and descending triangle and after the breakout you can see that the price is rejected by this quite longterm

Resistance of 10 cents but before starting this analysis if you are not subscribed to my channel then do subscribe Buton for more trading signals you can also join me and support me as a YouTube member or as a patreon member because here I’m sharing different trading signals for you and you can find

A link to join me here in the videoos description I’ve shared and if if you would like to see how my trading signals work then I also share the link for the trading signal report for the current month of December 2023 in the video’s description which just need to open that

Report and if you would like to check or verify any trading signal like this the trade setup for clv you just need to click on the link for the trade setup and it will take you to the trading views chart and on this chart you can watch that when I shared this trade

Signal for example in this situation I shared this signal on 23rd of December and you can also watch the complete uh trade setup as well like this also the Buy range and this Falls the sell Targets on and this Falls the toop loss as well and in order to see how the

Price and moved after sharing this signal you need to click this play button and by the way in order to use this option to click this button you need at least a free account on the trading view if you don’t have then you can create one using the link I’ve

Shared in the description of this video now I’m going to click this button and you can see it is showing us that the price and started a very massive pump from this buying on and red Beyond this sell Target on that I’ve defined as for the Fibonacci sequence of this G pattern

For for my members now let’s move to the live chart of Dogecoin and this is the daily time frame chart and you can see that uh for the past several days the price line is uh moving inside this up Channel and now recently after getting rejected by this resistance of the

Channel the price line has dropped down at the support of the channel this time if the price will be moved up from this resistance of the channel then it can reach somewhere uh here uh between 11.5 cents to 12 cents and in case of breaking down this channel the target to

The downside can be here at the bottom of the channel That will be approximately at 5.8 cents but in my point of view it will be difficult for the price to drop more down than this support of 7.5 um a short-term support that uh it has found on the daily time

Frame chart here previously it has been breaking as a resistance here for several days and here it has been breaking as a support and here as a resistance as well therefore again it can work as a strong support for the price line and in case of breaking out

This resistance of this up channel uh the target to the upside can be by it depends from where it will break it out I’m expecting that it can break out between 11.5 cents to 12 cents for example if it will break out from 11.5 cents then the target to the upside can

Be approximately at 15.2 cents and in that situation on a weekly time frame chart it can also break out this next quite long-term resistance of 10 cents as well you can see that previously it has already broken out a very big falling wge pattern and recently it has

Also broken out this quite big descending triangle as well but got rejected by this long-term resistance of 10 cents that was previously working as a resistance here and resistance here as well and previously during this rally it worked as a very strong resistance therefore again it is working as a

Strong resistance for the price line now if we take look at the target for this breakout from this triangle and then the target for this breakout uh from this triangle can be here that will be approximately at 22. 5 cents or uh 22.8 cents and the final

Target for this uh huge breakout from this big falling wedge pattern is here at the top of the wet that can be between 76 cents to 80 cents but this was the update so far I hope that you’ve like the analysis then do hit the like

And do subscribe to the channel as well and for more trading signals you can also join me and support me as a YouTube member or as a patreon member because here I’m sharing different trading signal for you and you can find the link to join me here in the videos

Description I’ve shared take care goodbye