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R.Linda Trading - forecast

DOGE → The realization of the breakdown could give us 50-70%

2024-03-26 08:33 CRYPTO forecast

💡 Ideas For DOGEUSDT 🐶

📈 DOGE → The realization of the breakdown could give us 50-70%

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DOGE is attempting to break through the correction in order to continue the uptrend. On W1 the price enters a new channel and opens a new potential.

snapshot

On D1 a reversal pattern is forming with the subsequent formation of a pre-breakout formation. The market is buying back the fall in a few days and preparing for realization. This generally indicates a high interest in the coin.

On W1 DOGE enters a new channel 0.16 - 0.34, which in general opens a huge potential for the meme coin in the medium and long term.

On H4, the price breaks the bearish channel resistance (correction channel). A consolidation above the resistance and a retest of the 0.1800 area is being formed. A breakout of this line will open the potential for the coin and also confirm the end of the correction.

Resistance levels: 0.1800, 0.20637

Support levels: 0.16900, 0.14528

I expect the realization of the breakout of resistance with the subsequent distribution of the price to the specified targets

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