I am not a big fan of $DOGE from the fundamental analysis perspective, but we can't deny, that it has had a nice rally lately and as I see it, we are not nearly at its end.
Overall mid-term indicators are bullish, except Stoch RSI, which is why I think we will bounce back to the lower line of the ascending triangle to 0.363$ level.
We are closing the ascending triangle and it looks like we'll have enough strength to penetrate it upwards and continue our rising channel.
Our short term goal is to penetrate second resistance and fixate above it. Mid to long-term the goal is more ambitious, I think there is a possibility to reach 0.775$ in a few weeks.
The overall channel didn't even get invalidated by the market dump.
Goals: 0.4 - 0.44 - 0.58 - 0.775
SL: 0.35
Overall mid-term indicators are bullish, except Stoch RSI, which is why I think we will bounce back to the lower line of the ascending triangle to 0.363$ level.
We are closing the ascending triangle and it looks like we'll have enough strength to penetrate it upwards and continue our rising channel.
Our short term goal is to penetrate second resistance and fixate above it. Mid to long-term the goal is more ambitious, I think there is a possibility to reach 0.775$ in a few weeks.
The overall channel didn't even get invalidated by the market dump.
Goals: 0.4 - 0.44 - 0.58 - 0.775
SL: 0.35