On D1 a reversal pattern is forming with the subsequent formation of a pre-breakout formation. The market is buying back the fall in a few days and preparing for realization. This generally indicates a high interest in the coin.
On W1 DOGE enters a new channel 0.16 - 0.34, which in general opens a huge potential for the meme coin in the medium and long term.
On H4, the price breaks the bearish channel resistance (correction channel). A consolidation above the resistance and a retest of the 0.1800 area is being formed. A breakout of this line will open the potential for the coin and also confirm the end of the correction.
Resistance levels: 0.1800, 0.20637
Support levels: 0.16900, 0.14528
I expect the realization of the breakout of resistance with the subsequent distribution of the price to the specified targets
Regards R. Linda!
Note
Price closing close to 0.18 will form a pre-breakout potentialNote
Intermediate targets for intraday trading may have been reached. The coin is trading above the key levelTrade closed: target reached
0.20637 reachedNote
0.22 reachedTrade active
Note
A small correction endsPrice resumes growth to the specified targets ;)
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You❗️CAN and ❗️SHOULD make money in trading!
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Related publications
Disclaimer
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🌹TRADING is a CASINO💔!?
NO‼️
You❗️CAN and ❗️SHOULD make money in trading!
Join me, I'll guide you to PROFITABLE TRADING💵!
🟢Free Telegram Channel:
t.me/RLindaTrade
🔴Contact:
t.me/RLindaSignals
NO‼️
You❗️CAN and ❗️SHOULD make money in trading!
Join me, I'll guide you to PROFITABLE TRADING💵!
🟢Free Telegram Channel:
t.me/RLindaTrade
🔴Contact:
t.me/RLindaSignals
Related publications
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.