Hey traders! 👋
Let’s take a look at Dogecoin (DOGE), especially with all the excitement around Elon Musk and the potential for his influence to drive the next big move. 🐕🚀
1️⃣ Support at Demand Zone – We’ve found solid support at the demand zone for Dogecoin, which looks like a great place to enter a long trade. With strong buying interest here, I’m watching closely for the next price action.
2️⃣ Break of Structure (BOS) – From this point, I’m targeting a 62% increase to the BOS (Break of Structure). If price action confirms this level and we see a clean break, that could signal a bigger move upward.
3️⃣ Potential for New Positions – If we do break the BOS and exit the current pattern, we’ll be looking for new opportunities to enter the market at the next key level. Keep an eye on the price action!
So, are we ready to see a bounce from the demand zone and a break of structure? 💭 Let’s see if DOGE can make that next move! 🚀
What’s your plan for DOGE? Drop your thoughts below, and don’t forget to follow for more updates and analysis on Dogecoin and other exciting altcoins.
Happy trading, everyone! 💰📈
Let’s take a look at Dogecoin (DOGE), especially with all the excitement around Elon Musk and the potential for his influence to drive the next big move. 🐕🚀
1️⃣ Support at Demand Zone – We’ve found solid support at the demand zone for Dogecoin, which looks like a great place to enter a long trade. With strong buying interest here, I’m watching closely for the next price action.
2️⃣ Break of Structure (BOS) – From this point, I’m targeting a 62% increase to the BOS (Break of Structure). If price action confirms this level and we see a clean break, that could signal a bigger move upward.
3️⃣ Potential for New Positions – If we do break the BOS and exit the current pattern, we’ll be looking for new opportunities to enter the market at the next key level. Keep an eye on the price action!
So, are we ready to see a bounce from the demand zone and a break of structure? 💭 Let’s see if DOGE can make that next move! 🚀
What’s your plan for DOGE? Drop your thoughts below, and don’t forget to follow for more updates and analysis on Dogecoin and other exciting altcoins.
Happy trading, everyone! 💰📈
🔗 Indicators available at: getsparx.io
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📩 Contact: contact@getsparx.io
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.
🔗 Indicators available at: getsparx.io
📩 Contact: contact@getsparx.io
📩 Contact: contact@getsparx.io
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.