Hi everyone,
I am still learning so please provide me with any insights I may have missed. Looking at the chart we see that doge just broke out of a symmetrical triangle that had been forming.
The breakout target price equals to the same distance as the distance between the low/high that first formed the triangle, putting it at a 0.43 cents doge. On the way to this target there are 2 key resistance zones to take into account the 0,30 resistance and the 0.38.
Let me know what you all think:)
I am still learning so please provide me with any insights I may have missed. Looking at the chart we see that doge just broke out of a symmetrical triangle that had been forming.
The breakout target price equals to the same distance as the distance between the low/high that first formed the triangle, putting it at a 0.43 cents doge. On the way to this target there are 2 key resistance zones to take into account the 0,30 resistance and the 0.38.
Let me know what you all think:)