Dogecoin Will Rally 15% If This Pattern Plays Out Correctly

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ICYMI: if this technical pattern plays out in favor of bulls, it may launch $DOGE forward Dogecoin DOGE DOGEArmy

thanks to the symmetrical triangle pattern, which may launch DOGE forward if it plays out in favor of bulls.

Traders usually consider a symmetrical triangle a bullish pattern as it statistically results in an upward breakout. But at the same time, traders should not forget about the possibility of a bearish scenario in which anUnfortunately, DOGE is more actively testing the lower border of the formation, hinting at a plunge down rather than a short-term upward rally.

 

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