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Dogecoin price could rally 20% in July with this bullish reversal pattern
Dogecoin (DOGE) looks ready to extend its rebound move despite the current crypto bear market. DOGE's price appears to have been painting a "bump-and-run-reversal (BARR) bottom" since May 11, a technical pattern that points to extended trend reversals in a bear market. It consists of three successful phases: Lead-In, Bump, and Run. The "Lead-In phase" sees the price consolidating inside a narrow, sideways range, showing an interim bias conflict among investors. That follows the "Bump phase," wherein the price drops and recovers sharply, leading to a price breakout, defined by the "Run phase." ... (full story)