Tag

Bullish Pennant

All articles tagged with #bullish pennant

cryptocurrency1 year ago

Dogecoin Poised for Major Rally as Bullish Patterns Emerge

Dogecoin has experienced a significant price increase, breaking out of a bullish pennant pattern, which suggests the potential for a 200% rally. The recent breakout above a key resistance level has set the stage for Dogecoin to possibly reach new highs, with projections indicating a target price of $1.3. This would require overcoming several resistance zones, with the first at $0.457. The current trading price is $0.439, reflecting a 2.77% increase in the past 24 hours.

cryptocurrency1 year ago

"Bitcoin Surges Past $70K Amid ETF Launches and Rate-Cut Speculation"

Cryptocurrency analyst Javon Marks predicts Bitcoin could surge by over 18%, potentially reaching the $80,000 range, following a confirmed breakout from a bullish pennant pattern. This aligns with other experts' views, suggesting BTC may hit new all-time highs soon. Currently, Bitcoin's price has risen to $70,000, though trading volume has decreased.