-
@ Layer3.news
2025-05-08 06:42:44
nostr:nprofile1qyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqmvlm9xukx5pek66dzt2muwkefhx3mzc4thlzt756n9h8dplrtk3qmxle2g
DOGECOIN HEAD AND SHOULDERS PATTERN SUGGESTS SURGE TO $0.23 WITH $1.65 BILLION AT RISK
https://bitcoinist.com/wp-content/uploads/2025/05/Dogecoin-chart-from-Tradingview.png?w=512&resize=512%2C242
--
✍️ Dogecoin is approaching a technical turning point, with a potential head and shoulders pattern forming that could send the price above $0.22.
--
👉 Dogecoin is forming a classic inverse head and shoulders pattern on the daily timeframe
👉 The pattern is accompanied by an AB=CD harmonic pattern that aligns with Fibonacci extension levels
👉 The neckline of the inverse head and shoulders formation lies just above the $0.17 zone, particularly at the $0.1735 level
👉 A successful break above this level could trigger liquidations and clear the way for a larger breakout
--
#technology
--
nostr:nevent1qvzqqqqqqypzpkelk2devdgrnd456yk4hcadjnwdrk932h07yhaf4xtww6r7xhdzqyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqrr8rqhnauhzl6lfalgmtmyxl8x89r4qpn59ras525yrctuhm0hrqp0umyh