Dogecoin Breaks Under Ascending Triangle: 16% Crash Incoming?

An analyst has pointed out how Dogecoin could end up seeing an extended drawdown, based on this Ascending Triangle pattern forming in its hourly price. Dogecoin Has Lost The Support Of An Ascending Triangle Recently In a new post on X, analyst Ali Martinez has talked about an Ascending Triangle pattern for Dogecoin. The “Ascending Triangle” refers to a technical analysis (TA) formation that appears when the price of an asset consolidates inside a triangular region. The ‘Ascending’ in the pattern’s name comes from the fact that this consolidation happens towards a net upside source: https://www.newsbtc.com/news/dogecoin/dogecoin-breaks-ascending-triangle-16-crash/