Technical analysis by Altin35 about Symbol DOGE: Buy recommendation (5/4/2024)

A descending wedge structure has formed in the log. It is expected to break higher. It is highly likely that it will go down a little or move horizontally and go up. However, he may also want to test the line under the wedge. If such a situation occurs, the direction will be upward again after this test. With the wedge broken, the target is around 0.32. Since the chart is daily, it is not suitable for short-term trading. It does not contain investment advice.