DOGE - Possible breakout to 0.086, expect resistance.
Classic bullish pennant break + retest ongoing here.
This breakout doesn't make a HH expect a movement at said level (0.086) with a possible HL formation.
If things don't go as planned it would be best to tether and wait as this has probable chances of dipping as low as 0.01 (small blue rectangle area).
RSI on daily timeframe is still on extreme levels (90+).
If the people continue to buy + hold then we can just expect price action + momentum to push prices up without the need of short term indicators until the near term top.
Good luck!
This breakout doesn't make a HH expect a movement at said level (0.086) with a possible HL formation.
If things don't go as planned it would be best to tether and wait as this has probable chances of dipping as low as 0.01 (small blue rectangle area).
RSI on daily timeframe is still on extreme levels (90+).
If the people continue to buy + hold then we can just expect price action + momentum to push prices up without the need of short term indicators until the near term top.
Good luck!