Doge/BTC Triangle Breakout flags Potential Rally if the $ 0.22 resistance is erased

pahan T

4 months ago

News history

Doge turned 4% intradic between $ 0.207 and $ 0.215 in the 24 h session from September 2 at 02:00 to September 3 at 01:00.
The negotiation volume increased to 949mApproximately 21% above weekly averages, pointing out a strong market share.
ETF speculation remains a catalyst: Polymercad probabilities of Doge ETF approval increased to 71% of 51% Before the October deadlines.
The widest macro backdrop supports risk flows: merchants now have a price in four Fed rates cuts by the end of the year, starting in September.

Doge opened about $ 0.211 and closed to $ 0.213, an increase of approximately 1% despite the strong intradic swings.
Midday Selltoff (12:00 GMT) The price exceeded to $ 0.207with 811m tokens negotiated in decline.
A recovery phase at 21:00 GMT lifted Dux for $ 0.215backed by 949m tokens Through the rally.
The action of the final time (01: 50–02: 00) saw a 2% peak of $ 0.21 to $ 0.22 in 21 million tokensshowing purchase interests of the late session.

Support: $ 0.207– $ 0.210 remains several times with a high volume demand.
Endurance: $ 0.215– $ 0.220 limited upward movements through repeated tests.
Impulse: Short -term impulse meters are inclined positive after recovery; RSI near the neutral but ascending range.
Patterns: The descending triangle in Pares Dege/BTC broke up, marked by Cryptokaleo, pointing out a continuous potential if $ 0.22 is erased.
Volume: The 21% increase above weekly averages confirms a strong participation, probably the purchase of more retail institutional retail sauce.

A clean outbreak up $ 0.22 to open $ 0.25– $ 0.30 upward range.
If the $ 0.21 base continues to maintain under pressure; A breakdown reopens the $ 0.20 test.
ETF speculation flows and policy changes fed as short -term catalysts.
Whale behavior: If the accumulation is maintained during consolidation, the bias is inclined.