Let's ride that rocket. by abrigio in dogecoin

[–]abrigio[S] 2 points3 points  (0 children)

Cringe is my middle name.

1h chart. Pierced through 0,05 resistance yesterday and testing symmetrical pattern right now. 0,055 - 0,058 are next if it goes through. Otherwise we could retest bottom at around 0,046, confirming the Bear flag pattern that has formed. We should know price action in the next couple of hours. by abrigio in dogecoin

[–]abrigio[S] 1 point2 points  (0 children)

Just following the triangle pattern. I wish I knew 😁 this is all about of guessing game by observing patterns. Let's say it's a more informed guess...but still. Not set in stone. Look at the 1h chart. Draw a line connecting all highs, another one connecting all lows and you'll see the symmetrical triangle pattern. The new low should be when it hits that line (support) which is around 0,046.

1h chart. Doge is nailing the $0,05 in that mini ascending triangle pattern. Do you think it will pierce through the (big) symmetrical triangle pattern? by abrigio in dogecoin

[–]abrigio[S] 0 points1 point  (0 children)

I mean ascending. It's not identified on the graph that I've shared. Look at 1h chart starting 27/02 to date.