DOGS is forming a broadening wedge, showing expanding price swings with increasing volatility inside a bearish structure.
Price recently faced rejection near the upper boundary and is now compressing near middle support, signaling indecision but with clear weakness. The inability to sustain higher levels suggests sellers are still in control.
If support breaks, this structure could trigger a sharp downside expansion toward the lower boundary of the wedge.
As long as price remains below resistance, this setup favors continuation to the downside. Bigger swings often lead to stronger moves.
Price recently faced rejection near the upper boundary and is now compressing near middle support, signaling indecision but with clear weakness. The inability to sustain higher levels suggests sellers are still in control.
If support breaks, this structure could trigger a sharp downside expansion toward the lower boundary of the wedge.
As long as price remains below resistance, this setup favors continuation to the downside. Bigger swings often lead to stronger moves.
Market Structure • Price Action • Crypto Updates
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Market Structure • Price Action • Crypto Updates
🔗 Telegram: t.me/Coach
🔗 Telegram: t.me/Coach
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。