Finally Dogecoin (DOGE) Crypto Coin Is On The Verge of Legendary Rise

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Hey friends this is a hope you’re well and welcome to the new update on Dogecoin on a daily time frame chart recently Dogecoin has broken out another desending triangle and after the breakout the price has retested the previous resistance of the triangle support and now it is geared up and

Before that you can see that it was moving inside this up Channel we broke down the channel but still it was moving inside this down Channel we broke out the channel here this down Channel and after the breakout from this channel it was rejected by the resistance of the

Triangle and recently we have broken out this triangle as well by the way we found the support and resistance of the triangle when it was uh moving inside uh this previous up Channel you can see we found this resistance at that time and we also found the resistance and support

Of this previous down channel uh when it was moving inside the previous up Channel and in today video we will Analyze This breakout and I would also like to share with you uh these two breakouts which are already happened on the 7 Days time frame chart from a very

Big falling wge pattern and after that you can see that it has broken out another descending triangle and after the breakout the price and has tested this quite long-term support of 7.5 cents and also this support this red line that is the EMA 21 uh on the 7 Days

Time frame chart the exponential moving every 21 and that is also a quite strong support and now after testing the support it is geared up and in today’s video we will anal this move as well but before starting this analysis if you’re 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 videos description I’ve shared and

If you would like to see how my trading signal work then I also share the link for the trading signal report for the current month of Fab 2024 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 cardano 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 we can watch the complete trade setup like buying and sell targets and the stop loss as well and in order to see how the

Price line moved after sharing this signal need to click this play button like I’m going to do here and after that it will show you how the price and moved up from the buying Zone and ried to the sell Target on now let me take you to

The live chart of Dogecoin first of all I would like to show you this daily time frame chart and on this one day time frame you can see that the previously it was moving inside this sub Channel we broke it down right after that you can

See that it formed this down channel in fact it was when it was moving inside this up Channel at that time we found the support and resistance of the down Channel and finally we broke it out but could not break out the resistance of this descending triangle you can see

That the priceon was getting rejected by the resistance of the triangle when it was moving inside this previous up Channel and now recently we have also broken out this desending triangle as well and after the breakout the price line has retested the previous resistance of the triangle as support

And now it is geared up and now we need to break out this short-term resistance of 9 cents you can see that previously we got rejection here uh almost two rejections here and previously it was working as a support and now again it can work as a

Resistance but way if we take a look at the target for this breakout from this descending triangle then Target can be here that will be approximately at 10.9 cents that is also the target of this breakout from this down Channel as well and now if we take a look at the 7 Days

Time frame chart then here you can see that at 10 cents we have a quite long-term resistance you can see that for the past several months it is breaking as a very strong resistance we got rejection here we got rejection here and after breaking out this descending

Triangle we got one more rejection here as well now after breaking out uh this descending triangle and this down channel on The Daily time frame chart there is a very high probability that the price line might make another attempt to breakout the next resistance

Of 10 cents now if we take a look at the target for these two breakouts then Target for the breakout from this descending triangle is here that is approximately at 22 cents and the find Target for this huge breakout from this big falling wedge pattern is here at the

Top of the way that is between 76 cents to 80 so 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 there I’m sharing different trading signals for you and you can find the link to join me there in the videos description I’ve shared take care goodbye