Dogecoin Inverse Head-and-Shoulders Breakout May Signal DOGE/BTC Rally as Buenos Aires Accepts DOGE for Taxes
The post Dogecoin Inverse Head-and-Shoulders Breakout May Signal DOGE/BTC Rally as Buenos Aires Accepts DOGE for Taxes appeared on BitcoinEthereumNews.com. Dogecoin breakout confirmed: a textbook inverse head and shoulders on the DOGE/BTC daily chart signals a bullish reversal, while Buenos Aires now accepts DOGE for tax payments; exchange reserves rose 12% to 28 billion, adding short-term selling pressure. Inverse head and shoulders completed on DOGE/BTC, with a successful breakout and retest. Buenos Aires adds Dogecoin as an official tax payment option, expanding DOGE utility. Exchange balances rose 12% to 28 billion DOGE this week, per on-chain analytics (Glassnode). Dogecoin breakout confirmed on DOGE/BTC; Buenos Aires accepts DOGE for taxes; learn how this affects price and adoption — read the actionable analysis. What is driving the Dogecoin breakout on DOGE/BTC? Dogecoin breakout is driven by a textbook inverse head and shoulders pattern on the DOGE/BTC daily chart that broke the neckline and completed a retest, signaling a bullish reversal. Combined with growing real-world acceptance, these technical and fundamental signals increase attention on DOGE. How did the inverse head and shoulders form and confirm? The daily chart formed a left shoulder, a deeper head and a right shoulder with a downward-sloping neckline. Price broke above the neckline, retested it successfully, and held support, which flushed weak holders and allowed larger traders to accumulate. Measured targets use the head-to-neckline distance projected above breakout. ‘, ‘
The post Dogecoin Inverse Head-and-Shoulders Breakout May Signal DOGE/BTC Rally as Buenos Aires Accepts DOGE for Taxes appeared on BitcoinEthereumNews.com.
Dogecoin breakout confirmed: a textbook inverse head and shoulders on the DOGE/BTC daily chart signals a bullish reversal, while Buenos Aires now accepts DOGE for tax payments; exchange reserves rose 12% to 28 billion, adding short-term selling pressure. Inverse head and shoulders completed on DOGE/BTC, with a successful breakout and retest. Buenos Aires adds Dogecoin as an official tax payment option, expanding DOGE utility. Exchange balances rose 12% to 28 billion DOGE this week, per on-chain analytics (Glassnode). Dogecoin breakout confirmed on DOGE/BTC; Buenos Aires accepts DOGE for taxes; learn how this affects price and adoption — read the actionable analysis. What is driving the Dogecoin breakout on DOGE/BTC? Dogecoin breakout is driven by a textbook inverse head and shoulders pattern on the DOGE/BTC daily chart that broke the neckline and completed a retest, signaling a bullish reversal. Combined with growing real-world acceptance, these technical and fundamental signals increase attention on DOGE. How did the inverse head and shoulders form and confirm? The daily chart formed a left shoulder, a deeper head and a right shoulder with a downward-sloping neckline. Price broke above the neckline, retested it successfully, and held support, which flushed weak holders and allowed larger traders to accumulate. Measured targets use the head-to-neckline distance projected above breakout. ‘, ‘
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