Technical analysis by dukeposh about Symbol DOGE: Buy recommendation (4/24/2024)

A potential ABC - Cup pattern formation scenarioTFW - current multiple falsebreak below 161.8% extension - a sideway / sideway down movement implication> RSI convergence signal supporting wave 3 status> Projecting wave 4 at rounding cup support level, possible 20 week moving average and 100% fibonacci support zone.> Targeting wave 5 at 361.8% fibonacci extension of A wave at the key liquidity resistance level + 120% profit.Always trade with affordable risk and respect your stoplossGoodluck