MY PERSPECTIVE ON DOGE COIN!! SIMPLY MOVIN IN DESCENDING CHANNEL
Based on what I saw on the Daily Timeframe, I think Doge Coin forming some kind of Descending Channel.
It's move back and forth while maintaining the Downtrend.
But, don't get me wrong, this Downtrend might be just temporary or should I say a Minor Downtrend.
From the Bigger Uptrend.
By the way, you could see that on the 4H timeframe, Doge Coin also forming a Rising Wedge Pattern.
This could indicate potential downside move from this level.
Disclaimer : Not Financial Advise.
It's move back and forth while maintaining the Downtrend.
But, don't get me wrong, this Downtrend might be just temporary or should I say a Minor Downtrend.
From the Bigger Uptrend.
By the way, you could see that on the 4H timeframe, Doge Coin also forming a Rising Wedge Pattern.
This could indicate potential downside move from this level.
Disclaimer : Not Financial Advise.