Dogecoin (DOGE) Crypto Coin Is On The Verge Of A Legendary Rise

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Hey friends this is a and welcome to the new update on dou coin in today’s video I would like to show you once again this up Channel and you can see that the price is testing the support of this Channel and on a weekly time frame chart

You can see that Dogecoin has broken out a very big down trend line resistance of a descending triangle and now it is rejected by this long-term resistance of 10 cents and this level has been previously breaking as a resistance here for several weeks and now again it is

Breaking as a resistance and we will also analyze this move as well but before starting this analysis if you’re are not subscribed to my channel then do subscribe it 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 signals for you and you can find a link to join me here in the videoos description I’ve shared and if you would like to see how my trading signals work then I also share the link for the trading signal report for the

Previous month of uh December 2023 in the video description you just need to open that report and if you would like to check or verify any trading signal like this the trade setup for MDX 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 see when I shared this trade signal like in this case I shared on 16th of December and you can also want the complete uh trade setup as well like this was the buying on and this was the

Sell Targets on and this was the toop L and in order to see how the price has moved after sharing this trade signal you need to click this play button by the way in order to use this option you need at least a free account on the

Trading 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 that it is Turing us that the price had nicely moved up from the buying Zone first it drop again down inside this

Buying Zone then we had a nice reversal and we the sell Targets on here now let me to take you to the live chart of Dogecoin and first of all I would like to show you this daily time frame chart and you can see that for the past

Several days the price line is moving between the resistance and support of this sub Channel and right now after getting rejected by the resistance it is testing the support of the sub Channel and this time if the price and moves up from here to test the resistance then it

Can move somewhere here 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 approximately at 5.8 cents and in case of breaking out this channel for example if it will break out

From 11.5 cents then the target to the upside can be uh here approximately at 15.1 and now if we take a look at the weekly time frame chart then you can see that here we have already broken out a very big uh falling wedge patter and

After that the price and broke out this very big descending triangle as well by the way the this triangle the support and resistance of the triangle was found when it was moving inside this channel you can see here we found the resistance and here we found the support and after

Getting squeezed inside this descending triangle finally we broke it out but got rejected by this resist of 10 cents now if the price breaks out uh at least it if it reaches the resistance of the channel then even then it is possible that it can break out this 10 cents

Resistance because this time the resistance of the sub channel that is formed on this daily time frame chart is here approximately at 11.5 cents and you can see that is the projection Beyond this resistance of 10 cents now if we take a look at the targets then the

Target for this breakout from this descending triangle uh is here that is approximately at 22 cents or somewhere between 22 to 23 cents and the target for this bigger breakout from this big falling wed pattern is here at the top of the we that is between 76 cents to 80

C this was the update so far I hope that you 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 a link to join me here in the videos description I’ve shared take care goodbye