Zooming out on the 1-day chart, Doge is forming a nice cup and handle pattern, with an expected "handle" coming soon.
If this pattern continues, using measuring rules, DODGE could reach $0.95-$1.20.
In blue is a smaller cup-n-handle that usually forms within larger cup and handle pattern (small-blue "handle" expected soon).
Also seen is a purple curving line, rounding bottom, with a price target of $0.69 per Doge.
The relative strength index is also showing signs of a cup-n-handle, and overall down-trending. Expect trading in the R.S.I Chart to stay within the Blue rectangle, below the red-line.
The orange "handle" is expected to form around $0.45 (the lip of the "cup").
*if you zoom in you can see that Doge has also broken out of a symmetrical triangle, outline charted here (related idea linked below).
related published Doge ideas linked below:
If this pattern continues, using measuring rules, DODGE could reach $0.95-$1.20.
In blue is a smaller cup-n-handle that usually forms within larger cup and handle pattern (small-blue "handle" expected soon).
Also seen is a purple curving line, rounding bottom, with a price target of $0.69 per Doge.
The relative strength index is also showing signs of a cup-n-handle, and overall down-trending. Expect trading in the R.S.I Chart to stay within the Blue rectangle, below the red-line.
The orange "handle" is expected to form around $0.45 (the lip of the "cup").
*if you zoom in you can see that Doge has also broken out of a symmetrical triangle, outline charted here (related idea linked below).
related published Doge ideas linked below: