DOGECOIN - Bull Flag Anyone??

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Following our educational post about flag patterns, we are now seeing a bullflag for Dogecoin.

After the breakout of the descending wedge at the end of May, we had a nice impulse and now we are in a correction that looks to be a bull flag. The bull flag support lines up nicely with our previous structure and the 100EMA.

Watch for buying pressure at the 0.28 level. Alternatively, watch for a breakout of the flag!

Refer back to our educational post on how to trade flags. See linked chart below.

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