Doge- Near an important break

13 בספט׳

Since hitting a high of 0.22 in April, Doge has been in a downtrend.
However, the chart shows that dips below 0.1 have consistently been bought, leading to strong reversals each time. The final phase of the downtrend is forming a falling wedge, which often signals a potential reversal.
For confirmation of an upward reversal, we need a clear breakout above resistance. If that happens, we can expect targets at 0.128 and 0.15 in extension.