The memecoin prints a falling wedge
Hello traders!!
That is my new idea :
Doge is looking bullish mid term target 0.21
I will consider to enter a long position here in DOGEUSDT due to this reasons:
-Falling wedge patter with upper line already broken
-Price situated over a medium support and congestion area that was broken with the BTC drop and reclaimed
-Descending volume
Procedure:
Entry now with stop loss below the last wick a 0.1359
Targets 0.1570 | 0.1770 | 0.212
Setup cancelled if daily close under the blue box and BTC losses 40500 support.
I will be glad to see what do you think in the comments.
I express only my opinion, do always your own research.
No financial advice.
That is my new idea :
Doge is looking bullish mid term target 0.21
I will consider to enter a long position here in DOGEUSDT due to this reasons:
-Falling wedge patter with upper line already broken
-Price situated over a medium support and congestion area that was broken with the BTC drop and reclaimed
-Descending volume
Procedure:
Entry now with stop loss below the last wick a 0.1359
Targets 0.1570 | 0.1770 | 0.212
Setup cancelled if daily close under the blue box and BTC losses 40500 support.
I will be glad to see what do you think in the comments.
I express only my opinion, do always your own research.
No financial advice.
Note
Doge taking off, at 0.150 moving stop loss to entry
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.