Falling peaks and rising valleys have built famous Triangle pattern
on the hourly chart of DOGE/USDt.
It's a consolidation after a big rally, which means more upside move is ahead.
Watch the price to break out of the pattern.
The target is located at the widest part of Triangle added to the break point.
Its located at 0.533
Breakdown of Triangle would invalidate the pattern.
RSI has managed to keep above the neutral point during this consolidation.
This supports the idea of further move to the upside
on the hourly chart of DOGE/USDt.
It's a consolidation after a big rally, which means more upside move is ahead.
Watch the price to break out of the pattern.
The target is located at the widest part of Triangle added to the break point.
Its located at 0.533
Breakdown of Triangle would invalidate the pattern.
RSI has managed to keep above the neutral point during this consolidation.
This supports the idea of further move to the upside
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Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
