Dogecoin (DOGE/USDT) is forming what appears to be a textbook W pattern on the daily timeframe — a bullish reversal signal that could indicate a strong upside move.
🔹 Key levels:
• Support: Around $0.12
• Resistance: Neckline at ~$0.26
• Breakout target: $0.40+
🔍 Pattern Insight:
This W pattern (double bottom) shows that sellers lost momentum, and bulls are stepping in. If we break and close above the neckline with strong volume, a rally toward $0.40 and above is on the table.
⚠️ Watch for:
• Break and retest of $0.26
• RSI confirmation
• Volume breakout
💬 Let me know in the comments — is DOGE getting ready for liftoff?
#Dogecoin #Crypto #TradingView #Altcoins #TechnicalAnalysis #DOGEUSDT #ChartPatterns
🔹 Key levels:
• Support: Around $0.12
• Resistance: Neckline at ~$0.26
• Breakout target: $0.40+
🔍 Pattern Insight:
This W pattern (double bottom) shows that sellers lost momentum, and bulls are stepping in. If we break and close above the neckline with strong volume, a rally toward $0.40 and above is on the table.
⚠️ Watch for:
• Break and retest of $0.26
• RSI confirmation
• Volume breakout
💬 Let me know in the comments — is DOGE getting ready for liftoff?
#Dogecoin #Crypto #TradingView #Altcoins #TechnicalAnalysis #DOGEUSDT #ChartPatterns
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.