We are now on the next stage of testing an ascending triangle.
Taking the last upmove after finding support (Bottom 1) we saw +121% within 23hrs 15min - can the bulls do it again? Or are the bears in charge?
Looking at the volume we could compare it to the first period before bottom 1 was reached. Low volume usually is not a good sign, but some strong buys could also be enough to make another move up.
There are chances that we will break out to the lower support levels - I hope for the green scenario, but lets not forget about chances of red scenario.
Disclaimer: No financial advice - I own some $DOGE myself.
Taking the last upmove after finding support (Bottom 1) we saw +121% within 23hrs 15min - can the bulls do it again? Or are the bears in charge?
Looking at the volume we could compare it to the first period before bottom 1 was reached. Low volume usually is not a good sign, but some strong buys could also be enough to make another move up.
There are chances that we will break out to the lower support levels - I hope for the green scenario, but lets not forget about chances of red scenario.
Disclaimer: No financial advice - I own some $DOGE myself.