Finally Dogecoin Crypto Coin Breaks Out | DOGE Price Prediction 2024

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Hey friends this is a hope you’re well and welcome to the new update on Dogecoin as in my earlier video I was showing you that Dogecoin is about to break another decending triangle on a daily time frame chart and this was my last video and now if we take a look at

The live chart then you can see that finally those coin has broken out the resistance of this triangle and in today’s video we will analyze this move and now there is a probability that soon it may try to break out this resistance of 9 cents as well and on a weekly time

Frame chart you can see that Dogecoin has already broken out two very big patterns one is a very big falling wedge pattern and after that it has also broken out another descending triangle but after breaking out this descending triangle it was rejected by this resistance of 10 cents and tested this

Quite long-term support of 7.5 cents and by the way previously the 7.5 cents has been breaking as a support here at resistance here by of it and it has been breaking as a support here and for several weeks it has been breaking as your resistance here as well therefore

Again you can see for the past several weeks it is breaking as a nice support and now the price is gearing up after testing the support and in today’s video we will also analyze this move as well but before starting this analysis if you 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 there I’m sharing different trading signals for you and you can find a link to join me there in the video’s description after shared and

If you would like to see how my trading signal work then I will share the link for the trading signal report for the previous month of January 2024 uh 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 FC Barcelona 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 the complete trade setup like this is the buying range and the sell Targets on and the stop loss

And in order to see how the price line moved after after sharing this signal you need to click this play button like I’m going to do here and after that it will show you how the price line moved up from the buying Zone and rallied to

The sell Target on now let me to take you to the live chart of Dogecoin and previously you can see that Dogecoin was moving inside this up Channel and finally we broke down the support but you can see that while it was moving inside this channel we found the support

And resistance of another down Channel and we broke it out here but got rejected by this resistance of 9 cents and the price end formed another descending triangle you can see that we have also found this resistance of the triangle when it was moving inside this previous up channel that is now broken

Down and now you can see that recently the price line has also broken out your resistance of this descending triangle as well but there is a slight bearish diversion flashed on this daily time frame chart as you can see that stochastic is forming uh higher high at

The same time you can see that RSI is moving quite high and forming another higher than previous high but price line is not able to do so and so far it is not able to form another higher than previous High therefore there is a a double hidden bearish

Divergence on this chart therefore there is a probability that the price line May retest the previous resistance of the triangle of support before the next move to the upside now if we take a look at the target for this breakout from this triangle then Target for this descending

Triangle breakout is here that is approximately at 10.9 cents or 11 cents that is almost the target for this breakout from this falling wedge pattern as well and now there is a probability that the price May soon make another attempt to break out a quite long-term resistance of 10

Cents now we are switched to the weekly time frame chart and here you can see that for the past several weeks and months this 10 cents is breaking as a very strong resistance therefore now the priceon can make another attempt and after breaking out this 10 cents that

This rally will be continued to the upside that was begun here back when we broke out this very very big big uh falling wedge pattern now if we take a look at the target for these two breakouts because we have also broken out a quite big descending triangle and

A falling wedge pattern on the S days time frame chart and target for this breakout from this descending triangle is here that is approximately at 22 cents and the final Target for this huge breakout from this big falling wedge pattern is here at the top of the wedge

That is between 76 cents to 80 C but 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 there I’m sharing different trading signals for you and you can find a link to join me there in the videoos description I’ve shared take care goodbye