Dogecoin trades in descending triangle, breakout may trigger 29% move
DOGE coils inside a 4‑hour descending triangle. A breakout could move about 29%, per Ali Martinez.
Analyst Ali Martinez shows Dogecoin trading within a descending triangle on the 4h chart. The setup has held for weeks with no clean break.
Price keeps testing both trendlines. Compression increases as DOGE nears the apex.
Triangle math sets the move size. Martinez cites ~29%, based on the pattern’s height.
Direction isn’t confirmed. Watch for a clean break and follow‑through.
- Pattern on 4h chart per Martinez
- Triangle height implies ~29% move per Martinez
- Multiple retests of support and resistance per Martinez
- Apex approaching increases breakout odds per Martinez
- Break direction remains unclear per Martinez
