Inverse h&s; short and longish term bull run

29 Eki 2021

DOGE made a bullish break out of a bullish wedge inside of a larger bullish wedge and could complete an inverse h&s pattern in the next few hours.

Target: moon

NFA

30 Eki 2021

Not

Obviously it did NOT complete the h&s.

Next targets: Green box is an area of suppot; Fib 0.382; 20MA (red line); blue trend line between the 20MA & the 50MA; 0.236 Fib; 200MA.

RSI is approaching oversold on the hourly, but it isn't there yet.

MACD is clearly bearish on the hourly timeframe.

The 4 hour timeframe is similarly bearish.

On the 1 day timeframe, the current candle has fallen back into big bearish wedge with a potential bearish MACD crossover. RSI is approaching the 50 from above which doesn't instill confidence.