According to Trader Tardigrade (@TATrader_Alan), Dogecoin ($Doge) has confirmed a breakout from a 5-wave descending broadening wedge pattern. This technical analysis suggests potential bullish momentum for Dogecoin in the near term, as such breakouts often lead to significant price movements.

According to Trader Tardigrade (@TATrader_Alan), Dogecoin is forming a 5-wave Descending Broadening Wedge on the 4-hour chart, indicating a potential breakout. The cryptocurrency has shown a confirmed RSI bullish divergence, leading to a bounce back to the descending resistance line of the wedge. This technical pattern suggests a possible upward movement if the breakout occurs.

According to Trader Tardigrade, Bitcoin is currently forming a Descending Broadening Wedge pattern. The analysis indicates that Part A of the previous pattern has been exactly replicated. If Part B follows the same trajectory, Bitcoin could breakout of the wedge by mid-2025 and potentially reach $150,000 by Q3 2025. This pattern analysis is significant for traders looking for breakout opportunities and potential long-term price targets. Source: Trader Tardigrade on Twitter.