Technical analysis by currenceland about Symbol DOGE: Buy recommendation (9/14/2023)

A good position to buy Dogecoin is the weekly triangle time frame. In the monthly period when the flag is formed. And we have reached the ultimate limit of Dogecoin compression. The probability of a very strong jump that is 70% likely to be an upward jump. This upward jump could take Dogecoin to one dollar. If the price closes below $0.05, this scenario will be incomplete and the same strength will be reversed. I give 30% chance that it will be bearish.