DOGEUSD Falling Wedge close to breaking towards $1.3

Dogecoin / DOGEUSD is trading inside a Falling Wedge pattern which hit this week Support A and immediately rebounded.

The 1day RSI has made a Double Bottom and it is highly likely that we will see a steady recovery from now on.

If a break out above the Falling Wedge takes place, Doge will most likely start its final rally for this Cycle's Top.

We expect that to be on the 2.0 Fibonacci extension level, a typical reaction for such break outs.

Buy and target 1.3000.


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